Some countries are blaming the United States for sparking the economic crisis through the deregulation of its financial scene - a move that led to a credit crunch and sparked an economic recession.
VOA: standard.2009.04.01
Then there was deregulation, which started around the 1970s, and the events we've seen--that we're seeing today -are outcomes of both the regulation and the deregulation.
到了70年代,金融的去监管化开始兴起,我们如今所见证的诸多事件,是监管与去监管共同作用的结果
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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