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
What this episode covers
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
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Brian Shaw Discussion 6
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