The old view of it was rather mechanical: pull the interest-rate lever up and, via Banks and bond markets, lending and spending would fall; pull it down and they would rise.

老观点相当机械的认为：提高利率水平，借贷和支出将通过银行和债券市场得到削减，反之亦然。

youdao

Instead of being engrossed in the complex and screwed up relationships of the gods, most of us often held our breath, wondering if the singers would slip and fall as they walked up and down the rather steep inclines as they sang.

FORBES: Die Walk��re Returns To The Met, Machine Disappoints Again

The market appears to be saying that if any of these banks went down, the bulk of losses would fall already fall on creditors rather than taxpayers.

BBC: Investors love the UK but not its banks