Monopoly Round-Up: The Fed Took $3k From You and Gave it to Jamie Dimon – Matt Stoller
“CFPB Director Rohit Chopra is single-handedly blocking a massive sell-out to Wall Street. Plus, where are Trump and Harris on monopolies?”
“Access to capital is a monopoly issue. Right now, our financial system facilitates low cost capital to dominant players while limiting smaller firms and ordinary people to either no credit or high cost credit. Cheap capital for incumbents is a barrier to entry across the board in every industry, and inhibits entrepreneurs from getting into all sorts of markets, from homebuilding to aerospace to search.”