2min chapter

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Phil Anderson (Part 3) - The Secret Life of Real Estate and Banking

The Shepheard-Walwyn Podcast

CHAPTER

Banks Print Money Out of Thin Ear

The conventional age is to work hard, save your money and buy a house. What you really want is somebody else to pay it off, which is what banks do. Banks just print money out of thin ear. People have such a hard time believing that sort of concept, as if it isn't possible. But they do.

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