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Ep. 719: Jonathan Tepper Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Effects of Concentration on the Banking System

Five banks control about half of the nation's banking assets. That's a hell of a lot of power, isn't it? If you look back at American history, you can see that JP Morgan had that kind of power. The motives and aims behind antitrust are not purely in terms of low prices. They're actually about making sure that you don't end up with oligarchs, with vast power over the economy.

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