However, our fascination with the latest, and our undervaluation of what has already become common, has led us in all sorts of wrong directions.

然而，我们迷恋最新事物，同时低估已经变得普通的事物，把我们引向了错误的方向。

In the long term, however, the yen's huge undervaluation means that it will eventually bounce back.

从长期的角度来看，对日元的严重低估意味着它将逐渐反弹回升。

How long can the currency undervaluation blame game or the finger-pointing about the fuelling of inflation last?

指责汇率低估的游戏或攻讦助长通胀的剧码能够持续多久？

This curiously precise figure was the midpoint of a range of estimates (15-40%) of the yuan's undervaluation.

对人民币价值偏低率的估计被定在了15 - 40%之间，所提出的这一严谨而精确地数字则取了一个中间值。

On the first, estimates of the extent of undervaluation vary hugely: some even argue the renminbi is overvalued.

首先，人们对于人民币低估程度的估算大相径庭：一些人甚至宣称，人民币高估了。