"Society must save capitalism from the capitalists."

Katy Dawson, a VP of Operations in the banking world, talks to us about the need to make systems more fair by readjusting entry requirements. How else can we stop the increasing concentration of wealth?

Additionally, we talk about the 2008 financial crisis, the forecast for crypto currency, and ever-increasing market volatility. Katy leaves us with the call to action to vote small; yes, locally politically, but also with our dollar by supporting ethical startups.

“We have never seen this type of market volatility. It started in 2020, and that type of reaction, I don’t know if it's like internet/Twitter/things going viral, but somebody tweeting something can have this insane impact where we see 10x trading volume in the market for one day, and then it settles the next. We haven’t ever had this type of insane emotional response in the stock market before, and that’s something that the banks have had to adjust for operationally. We saw 10x volume during COVID, and were like, ‘Oh, it will settle back down'. Nope. … We kept seeing record breaking after record breaking volatility in the market.”

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Keywords: Entitled Opinion, Entitled Opinion Podcast, affirmative action, big banks, banking, finance, financial sector, 2008, housing crisis, too big to fail, reserve banking, fiat currency, gold, crypto, stable coins, distributed ledger technology, FedNow, capitalism, if the corporations don’t fuck it up then the government will