First, higher personal-saving rates and (more optimistically) a lower federal deficit will hold down long-term interest rates and the cost of capital.

首先，较高个人储蓄率和(更乐观来看)较低的联邦赤字有望压低长期利率和资本成本。

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In 1788, New York was declared the first federal capital of the United States.

CNN: Saturday,

But until now, the government has never really called the bluff of some federal officials regarding the first TARP capital injections--something the public did long ago.

FORBES: Magazine Article

But, as with bartenders who continue to ply drunken patrons with drinks, the Federal Reserve bears a heavy responsibility for creating loads of excess capital in the first place and the Bush White House for winking and nodding while the dollar was being debased.

FORBES: Bush's Big Boo-Boo