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Complexities of Teh Us. Financial System

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Submitted By shell0324
Words 1036
Pages 5
Title: Complexities of the U.S Financial System
Students Name: Shellie Richardson
Professor’s Name: Karin Torres, MBA
Course Title: Principles Of Finance
Date: July 28, 2013

The United States financial (wealth) system is largely considered to be the most recognized system in the world. Financial markets are designed to skillfully direct the movement of money and savings and investments in the economy. By doing this the United States financial system stimulates the growth and the production of money, goods and services. The combination of an established and secure financial markets and institutions systems, in addition to a varied collection of financial goods and services , will meet the needs of borrowers, lenders and investors therefore the overall economy can be maintained.
How does the U.S. Financial market impact the economy, businesses, and individuals the fact is that an established and securely operating financial market plays an important role in contributing to the strength and productivity of an economy? There is a strong correlation between financial market development and economic growth. For example, in Chapter 1 of their 2001 book, Financial Structure and Economic Growth, editors Demirgüç-Kunt and Levine concluded: Financial markets (such as those that trade stocks or bonds), instruments (from bank CDs to futures and derivatives), and institutions (from banks to insurance companies to mutual funds and pension funds) provide opportunities for investors to specialize in particular markets or services, diversify risks, or both. As noted by Demirgüç-Kunt and Levine, together financial markets and financial institutions contribute to economic growth; the relative mix of the two does not appear to be an important factor in growth.
The Federal Reserve System (also known as the Fed) is the central banking system of the United States. The Federal

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