This is Ridiculous how are we letting these fucking banks get away with this.

Percentage of Deposits Controlled by US Banks:

1. JP Morgan: 16.1%

2. Bank of America: 14.8%

3. Wells Fargo: 10.9%

4. Citibank: 5.8%

5. US Bank: 3.4%

6. Truist: 3.4%

7. PNC Bank: 3.3%

8. TD Bank: 2.9%

9. Charles Schwab: 2.7%

10. Capital One: 2.6%

The top 15 banks control 75% of deposits in the US.

This is why we have gone from 31,000 banks in 1920 to 4,100 banks today.

After the regional banking crisis, this number will be much smaller.

A few banks will control the entire system.

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Ultimately one bank with one CDBC.

Absolutely ridiculous