In this episode, we will discuss how banks, the most profitable business in the word, have a monopoly on your money. And we'll share how you can break free from their scheme.
We can talk about this thing for hours. But in this episode, we're going to nail down how banks work in under a one-half hour. In the course of explaining how banks work, we'll also discuss the inherent problems they create. And we'll shed light on infinite banking: becoming your own banker.
~ Banking Topics Discussed: ~
~ Episode Takeaways: ~
* Banks make money off of you by simply allowing you to deposit your hard-earned money into their bank.
* Every deposit that someone makes at a bank is really like a little loan to the bank.
* We're all lending money to the bank, and the bank puts it to work for themselves while charging you.
* The most expensive money a bank has is the money that has to sit in their teller’s drawer because it's not working for them.
* We’re paying the bank to use our own money.
* That’s the Ponzi Scheme that the banks run with our money right now.
Get a FREE transcript and other resources from this episode by going to:
https://livingwealth.com/e14