Over the last 50 years, the banking industry in the United States has undergone a significant number of changes that have left it more centralized than ever. It has also left them reliant on big banks in the Federal Reserve for most people’s active financial management. Where once most people went to their regional banking companies to obtain loans for houses or cars, now many are relying on a handful of big banks instead. Part of this is a result of the digitized nature of modern banking, since for most ac ...