Financial Deregulation and Monetary Control

Financial Deregulation and Monetary Control

Historical Perspective and Impact of the 1980 ACT

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The Depository Institutions Deregulation and Monetary Control Act of 1980 has been the most comprehensive attempt at financial and monetary reform since the 1930s. Based on the authors' experience, this study explores the act's historical antecedents, its purpose, and its potential effects on the financial system.