But I ultimately think that the power and control of the big banks, right, and the virtual monopoly that four or five banks have over all of America The power and control of the big banks... is going to come crashing down in a very large way. And I think you're going to see so much more financial independence, which is going to make them have to sharpen the pencils and probably become a hell of a lot more competitive than they are today. (34:20–34:35)
CLAIM
Asserts that the dominance of big banks will significantly decline.
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