Kwajelin
This week in week three we touched basis on the banks and money and what they parts the play to us in society. As for me this week was not as confusing as weeks one and two was. I say this probably because I was able to sit down and look at the assignments and think about them ahead of time. Talking about the Fed’s increase rates and the Fed’s decrease rates I wanted to engage in more of my interest because, it can be related to the stimulus plan that the government is discussing now. The stimulus plan is to help the economy in rebuilding the economy by helping with control spending within the government and lowering the taxes. I had a struggle with at first the two Fed net selling and Fed net buying. I had never heard of them before so it more interesting and a struggle to see how I could apply them to my personal life. As for week three it was interesting and ready to blast into week four.

Brigett
This week we covered some very important and complex topics. We started off by defining the uses of money and the ways that money is created by banks. We looked at the monetary policies; how they work, what they affect, and how they are affected by different actions. We discussed the roles of the Federal Bank, the reserves, and the fed funds rates.
The most interesting topic for me was the increasing and decreasing of interest rates and how such as simple act can affect our economy, and ultimately, our decisions as consumers. I cannot honestly say how these topics will affect me in a Human Resources role, as our Business Analysts are the ones who are concerned with the economic factors.
Nikki
After reading the chapter concerning the federal funds rate that is one job I would not want to have. There are so many moving parts that it seems almost unrealistic to be able to determine an accurate operating target. The federal funds rate seems to affect our