But it carries risks, not only for Japan, but for a world economy that totters on the edge of a full-fledged currency war.

FORBES: Asia's Week: China Tightens, Japan Loosens, Korea Pauses

Thus, as critics of both the two-MRC standard and successive defense budgets would point out, albeit with entirely different emphases, continuous shortfalls in strategic lift, war reserve stocks, and specialized assets made the threat of a full-fledged second MRC less than totally credible.

CENTERFORSECURITYPOLICY: Section IV: Building a Two-MRC Force for the 21st Century