Skip to content
TrackPodcasts
educationJul 21, 201920:25pending

Brian Shaw Discussion 6

About this episode

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

Get every episode summarized

Each time The Mike Holt Show publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

Brian Shaw Discussion 6

The Mike Holt Show

0:00
20:25

More episodes

More from The Mike Holt Show

View all episodes →