EPISODE · Oct 5, 2022 · 33 MIN
The difference between a loan and a deposit
from The Amateur Economist · host Brendan Williams
In Chris Leithner's book "The evil princes of Martin Place", chapter 3 explains the history of common law as it applies to loans and deposits, and draws the distinction between each. He enlightens us to the fact that today, the lines are blurred between deposits and loans, where they should not be. Mal practice is at play, if not outright fraud.
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