The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified cover image

320. Consumer Fintech, the Future of Banking, and Navigating Web 3.0 Regulation (Ryan Falvey)

The Full Ratchet (TFR): Venture Capital and Startup Investing Demystified

00:00

The Big Banks Are Going to Get Larger in the Next Ten Years

The best way to make money, if you have money, is just to give it to people who already have money. The big banks are less interested in serving the average american than swapping out lower income people for higher income people. After the financial crisis, there were four banks that together had like forty two % of the us Depository base. It was ow bank of America, willis fargo, j p morgan and city bank.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app