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Ep. 2256 Financial Traps Everyone Falls Into

The Tom Woods Show

00:00

Banks Are Not Your Friend

We all think of a bank as a safe place for your money. By some mechanism, we've all come to associate banks with safety. Banking is sometimes called the best business in the world, only if you're the banker. You'll earn something, certainly interest rates have gone up recently, but you're not going to earn anything like the handover fist profits that the bank itself is earning.

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