Jeff Snyder

So we need risk-taking in the economy, which can't happen because of all this other stuff.

Yeah, the reason why is because of international consolidation.

You have international competition.

So we internationalized the monetary system starting in the 50s, 60s, and 70s, and by the 1980s it became hyper-international, which meant that you don't have a small regional bank in a local U.S.

location competing with other small regional banks in that same location.

Now you have large-scale banks in Switzerland and Japan and Asia competing with the large banks on Wall Street.

And those are the only banks that suck up all the money and oxygen.

And it is a big bank.

What do you do?

You buy all the smaller ones.

It's the cheapest way to continue to grow and scale.

What can the average person do?

As far as, you're talking about prices, the economy?

Last time I was here, you talked about it, is invest in yourself.

Make sure that you are individually doing everything you can to maximize your own talent.

So whatever prices are due and whatever the... You're not affected by it.

You are affected by it, but you're better able to handle it.

If you're investing in yourself and raising your own income potential, then you can handle higher prices.

I agree.

I mean, this is terrible.