Is it a good thing that banks R at the center of the USstockmarket?Is it all about lending & borrowing credit?

Question

This is the fully worded Q which could not fit the small Q-box:

Is it a good thing that banks are at the center of the US stock market? Is it all about lending & borrowing credit? What happened to making the stuff we need here at home?

I'd appreciate nonchatty answers based on economics knowledge-preferably backed by real business experience!

Answer 1

No, I think it is all about professional speculators who drive up the price of stocks and paper futures in order to abscond with a short term profit without regard to the long term effects on the nation's economy.