Season 1 Episode 17
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.
Published on 6 years, 5 months ago
If you like Podbriefly.com, please consider donating to support the ongoing development.
Donate