Derivative lending and fractionalized banking systems are doomed to failure.  This banking system only works if the customers of the bank have confidence in the bank.  If confidence evaporates, the depositors “run on the bank” and try to get their money out as fast as possible. This is exactly what happened in the failure of the Silicon Valley Bank and Signature Bank only weeks ago.  
In this episode Seth Hicks, Esq. explains why you want to create your own banking system and generate the velocity of money for yourself instead of allowing banks to make money off of your deposits.  Not only is your money asset protected in your own Private Banking Strategy® but you can generate wealth the same way banks do. 
Seth discusses: 

What fractional reserve banking is and how it puts you at risk
How the velocity of money can work for you 
The fallacy of interest rates
And more

Resources: 

How to Grow Rich E-Book 
How to Grow Rich Audiobook

Connect with Private Banking Strategies®:

[email protected]
(817) 200-4777
Private Banking Strategies
Schedule an exploratory call
LinkedIn: Vance Lowe
LinkedIn: Seth Hicks
Facebook: Private Banking Strategies  
Twitter: Private Banking Strategies 
Instagram: Private Banking Strategies
YouTube: Private Banking Strategies 

 

Ver todos los episodios