The other but more commonly used monetary policy is to change the rate is to effectively alter the rate of interest on deposits.
另一种形式,更广泛地被运用着,是货币政策是用来改变比率,有效地调整存款的利率水平。
That's Depository Institution's Deregulation and Monetary Control Act; what that did was, it eliminated ceilings on interest rates --on deposits, it allowed banks to pay high interest rates.
存款机构放松管制和货币控制法案,所做的就是,取消了存款利率的上限,准许银行支付高额利率
Reagan was a big believer in free markets; we had a law that actually passed, it's called the Depository Institution's Deregulation and Monetary Control Act of 1980--that's actually before Reagan.
里根是自由市场的崇信者,那时其实通过了一项法律,称为,1980年存款机构放松管制和货币控制法案,该方案是在里根执政之前通过的
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