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by defart 1377 days ago
“Americans don’t really like big things – people get worried about concentrated power,” O’Mara said.

Hmmm....Okay? (not American)

2 comments

Yes, America has fought with the concept of a central bank for a while so it got more than a dozen of them to create the federal reserve system exactly because it doesn't like concentrated power.
America has consciously busted monopolies in the past. Not so much nowadays, so some skepticism is definitely warranted. It seems that huge swathes of the economy are dominated by outright monopolies or comfortable oligopolies.