Apr 27, 2022
How do the banks really make their money? Is it possible for the banks to run out of money? What will happen to individuals, businesses and investors if the whole financial system implodes? Your host, Nathan Birch, details how the banks keep originating loans to everyday people and where the main source of this cash flow comes from.
Episode Notes:
(1:30) Your home is a cash cow for banks.
(3:18) Mortgage means "death contract" in latin.
(5:45) The greater fool theory.
(6:08) Can the banks run out of money?
(7:45) How do the banks really make their money?
(9:42) Is the financial world rigged?
(21:00) What is the real value of a tangible asset?
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