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Brian Shaw Discussion 6

Brian Shaw Discussion 6

Season 1 Episode 17 Published 6 years, 11 months ago
Description

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.

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