101. What Banks Don't Want You to Know with Vrinda Gupta
Financial Feminist
00:00
How to Waive a Fee for Business Checks
In a way Starbucks is a bank. They just got like an interest free loan, right? Because you've already spent the money with them even though you haven't received a drink, right? If I go put $50 in my Starbucks account I've just given them a $50 loan and I can look up while while we're chatting like how much it is But it's something crazy the amount of money that Starbucks just has in reserves So talk to me about that. It like Starbucks being a bank Yeah, I mean there's a lot of companies that do this and it's smart right? I think ultimately The insight is if you are an entity or if you are a person with capital
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