Sunday, October 20, 2013

Let's review.

There are institutions that effect the monetary policy of our economy.

The Federal Reserve.

Libor.

Banks and other private institutions such as insurance companies, Thrifts and Credit Unions owned by stockholders expecting dividends while overseen by CEOs.

The Federal Home Loan Banks

That is a lot of institutional money, isn't it? Institutional money to insure our economy is strong and productive, while growing all the time.

Right?