No, but they are not part of the financial sector.

They are part of the asset class that gets inflated by massive increases in notational wealth, making those sitting on piles of excess capital able to liquify and drain value out of the broader economy. Think everything from Sears, to Boeing.

Money is a tool, which is dangerous to make a God.

Even, I suspect, for the financial sector, as the eventual blowback is going to be overwhelming.

Government, as the executive and regulatory function of society, was private once, it was called monarchy. When monarchs lost sight of the fact they served a larger function to society, in order to be served by it, they were usurped. Money and finance, as the value circulation system, is like the body’s blood, heart and arteries. It seems to be having its ‘Let them eat cake’ moment.