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What Banks Don't Want You to Know with Paul Withers of Direct Bullion

Disruptors

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Banking on Fragility

This chapter explores the workings of banks within a fractional reserve system, highlighting the risks inherent in lending practices and the potential for systemic failure during crises. It discusses recent bank collapses and the implications of high-risk investments, drawing parallels to historical economic downturns. The conversation raises concerns about the sustainability of fiat currencies and the impact of government debt, prompting reflections on the future stability of financial systems.

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