The Peter Schiff Show Podcast cover image

Just When You Thought Government Couldn’t Get Any Dumber - Ep 888

The Peter Schiff Show Podcast

00:00

The Importance of Getting Paid Back

The key to the lending business is getting paid back, right? That's what makes a business. If you loan out money and you don't get paid back, you're not going to make a profit. The way banks are able to even insure these sick people who are probably going to put in claims is because they have all these healthy people buying insurance that aren't putting in claims. It's kind of like health insurance, which is another thing that the government screwed up. They should pay the same whether they're sick or healthy. Shurings companies shouldn't be able to discriminate.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app