Why the Plaza Accord Is Still the Gold Standard
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最新报道：The 1985 Plaza Accord, a landmark in post-WWII financial diplomacy, aimed to weaken the dollar within limits. Signed by finance ministers and central bankers at Manhattan's Plaza Hotel, the pact led the yen to surge from 240 to 145 per dollar within two years, heavily impacting Japanese manufacturers and later fueling debates over Japan's "Lost Decades." Despite its historical significance, replicating such a deal today remains unlikely.
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