EPISODE · Jul 21, 2019 · 20 MIN
Brian Shaw Discussion 6
from The Mike Holt Show · host Mike Holt
Brian and the Battler discuss how the banks work, and how they monetize your loan application using a technique called "fractional banking". Brian points out that the banks don't actually lend you money. They create the "loan" out of thin air, using your loan contract as the basis for the debt.Support the show
Embed this episode
NOW PLAYING
Brian Shaw Discussion 6
0:00
20:25
1×
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.
Frequently Asked Questions
How long is this episode of The Mike Holt Show?
This episode is 20 minutes long.
When was this The Mike Holt Show episode published?
This episode was published on July 21, 2019.
Can I download this The Mike Holt Show episode?
Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!