葛先生并不期望人民币获得足够高的升值，这样会使得出口贸易商受到大规模的损害。
Mr. Kroeber does not expect the RMB to gain enough value to cause “large-scale havoc” for exporters.
以往出口商对于日元也曾大肆抱怨，但是他们仍然源源不断的从海外获得大规模的利润，而把在外国的收益转回国内，也推动了日元升值。
Though exporters have complained noisily about the currency, they continue to reap solid profits abroad and the repatriated earnings may help lift the yen.
此外，如果不采取大规模货币宽松政策以防止英镑升值35%，我们就会看到英国陷入通货紧缩，这将使还债变得更加困难。
Moreover in the absence of massive monetary easing to prevent sterling from rising by upwards of 35%, we see the UK slipping into deflation, which would make servicing its debt even harder.
近几年，对人民币升值的预期引发了国际游资大规模进入中国。
While RMB is facing appreciation pressure in the recent years, an enormous amount of international floating capital has flooded the Chinese market.
日元在20世纪最后30年，经历了三次大规模的升值，而只有后两次伴随着出口下降和GDP增速大幅降低。
The JPY appreciated on a large scale over three periods during the last 30 years of the 20th century, but decreased exports and GDP growth only showed up in the latter two periods.
日元在20世纪最后30年，经历了三次大规模的升值，而只有后两次伴随着出口下降和GDP增速大幅降低。
The JPY appreciated on a large scale over three periods during the last 30 years of the 20th century, but decreased exports and GDP growth only showed up in the latter two periods.
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