5 Things About Money That Banks Don't Want You To Know

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[@ProactiveThinker]

Join The Intelligent Investing Academy: intelligentinvestingacademy.com Use the coupon code "INVESTNOW" to get a 40% discount.

[@CreativeCashflow1]

At 17 years old they'll let you commit to 200k in student loans but won't give you a 20k business loan. Think about that for a second.

[@yanlinnaing5654]

agree but would you lend your money to a random 17 years old kid to start a business ?

[@CreativeCashflow1]

@@yanlinnaing5654 Doesn't matter. If you have good credit and stable job, banks will lend to you.

[@Houston343]

@@CreativeCashflow1 Its a 17 year old kid....he doesn't have a job, he is going to college. I wouldn't loan the 17 year old money either.

[@timoasmara6267]

If you can know this, it is enough or half way to outsmart them.

[@tonyhurst8735]

Tru

[@LucaArthur10]

The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.

[@LucyAkira371]

Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.

[@ThomasHenry144]

" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."

[@MiaAva872]

The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.

[@AnastasiaIvan-hs3vg]

Trading under the guidance of an expert is the best strategy for beginners.

[@KaylaAlexis.]

​@@AnastasiaIvan-hs3vgPlease who is the expert guiding you? I have lost so much as a beginner investing into stock without a proper guidance of an expert.

[@FASTMEDIA2007]

🎯 Key Takeaways for quick navigation: 00:02 🏦 Money creation: Most money is created by banks through loans and digital entries, not physically printed by the government. 05:07 💼 Federal Reserve Ownership: The Federal Reserve is owned by other banks in the US, making it a system controlled by major financial institutions. 07:26 🤔 Banks not acting in your best interest: Banks prioritize profits over customer interests, so it's essential to be cautious and make informed financial decisions. 08:50 💰 Bank treatment based on wealth: Wealthier individuals receive better banking terms and services compared to those with limited assets. 09:46 🏦 Banks for parking money, not investing: Banks should be viewed as places to manage money, and better investment opportunities lie in stocks rather than traditional bank accounts. Made with HARPA AI 👍 Upvote to improve video surfing

[@davids_blog1]

Thank your for the summary😃

[@jasond261]

Thank you for the summary. It saved me a bunch of time since most of it I already knew.

[@TheFrog767]

🥂🍾

[@SurajSinghTomarArya]

Banks charging low interests to wealthy isn't some shady back door conspiracy. It's simple wholesale discount. If you purchase one item you pay the MSRP. If you purchase 1000 of it you get discounted price.

[@noel_r8]

I skipped school and started to work for the government as soon as i could. That way i could get an easy and higher loan for my first house to buy at 21 years old. My friends were studying for years and got thousands of study debt. When they finally got done with the study at 27 years old they had to pay off a big amount of money. When they are around 30 years old they can't buy a house because house prices are so high now they can't loan enough money so they are forced to rent. While i bought my 4th house now at 26 years old and sold the other 3 with a big profit life is so easy now because of this skip school and work for government method. After i sell this house with profit i just buy back a smaller house half the price. Now i can use 50% of my last house that i sold to buy real estate (garages or other things to rent out) Because of those choices i can stop working my job for years sooner than my friends or just work 2 to 3 times a week and live a easy life and have so much more time to enjoy life or hobbies. The 8 years that they studied extra i could invest a nice amount of money in stocks and real estate. Not saying studies are not smart but financially its much easier to skip school in my opinion. :p

[@playlist-gt5ji]

Respect if this is true but sounds pretty fishy.. if at 21 you got a lend from a bank to buy a house and at 26 years old you own 4 houses? Unless you have a high tier job close to being in politics in the gov how have you paid off your debt along with 3 other properties? Thats alot of money for a span of 5 years

[@noel_r8]

@@playlist-gt5ji no my fourth house i bought now. I sold every house before buying a new one. Now im at house 4. I stepped up to a bigger house every time when prices got up so i sold it with profit to buy a bigger and newer one. (And moved to a little cheaper area every time and waited for prices to rise)

[@playlist-gt5ji]

@@noel_r8 you renovate homes so they are worth more or just let time do its job of increasing value?

[@playlist-gt5ji]

Because as your own house goes up in price, so do other houses?

[@danielleturner6153]

Amazing 🤩

[@luciller.benton4624]

At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.

[@aitorrodriguez6888]

The FED was created in 1913. Titanic sank in 1912. Coincidence? 😏

[@tonysnow5461]

What is the relevance can you explain please?

[@aitorrodriguez6888]

@@tonysnow5461 the Titanic didnt sink due to the collision with an iceberg. They sank it on purpose. Why? Because most of the rich families that were against creating the Federal reserve, were on the Titanic. The Morgan family and it's allies remained on the port right before the Titanic departed.

[@charlesjohnson2475]

@@aitorrodriguez6888 🤔🤔🤔 make you wonder

[@dpirkl4560]

​@@tonysnow5461some on board were apposed to the creation of the fed.

[@cryptogcrypto]

What are you implying?

[@kaede15]

When you put your money in the bank, you are the lender, the bank is the borrower, and it gives you less than 1% of interest. Meanwhile the bank is going to lend you or another person for 7%+ of interests for the same money you just put in ( essencially using other people's money aka OPM to do business). Pay Attention that is NOT 6% extra profit, that is 600% extra profit and they have this so well oiled up that they can do this 17 times in a fiscal year, 12 in a recession. Almost sounds like a racket isn't it?

[@freakymeltdown1]

So should we feeding into the banking system after this knowledge?

[@jobotmang]

Thank you for this eye-opening analysis many don't know.

[@exposingproxystalkingorgan4164]

Most people have no financial knowledge.

[@markho9653]

Thank you. I needed to hear that

[@dressydress9726]

Other than borrowing with interest from private financiers like Fed Reserve Banks, World Bank, IMF, or stealing resources of another country, what’s a better and fair way to fund all the activities of one’s own nation?

[@AhsanHabib1]

Insightful for starter who wants to understand money!

[@gicardee6756]

the 90% that the bank is allowed to lend represent how much the US dollar has lost its value since the gold standard was abolished.

[@Spycoach10]

THE BEST INFO

[@m_kay7357]

Thanks for the video

[@DistributistHound]

Very comprehensible explanation I've seen so far, you get entangled once you try to make sense of the relationship between finance and economy. Also explaining how banks create money ex-nihilo, explaining fractional reserve system although I've found recent explanation showing that banks treat differently loans and credit to customers money. And finally how all money is DEBT. However it doesn't mention how this breaks havoc in the economy.

[@ClementRusso2]

I've sold a property in Michigan and I’m considering investing the proceeds in stocks. With the current market optimism, I'm unsure if it's the right time to buy stocks and how long it will take for a full market recovery. I'm also puzzled by how some are making substantial gains of over $320k within months in the same market.

[@VickyAlvy]

While market opportunities exist, it's essential to avoid blind commitments . To grasp the factors influencing your financial growth, I recommend consulting a professional.

[@Jason9o669]

Absolutely. I had no investing experience, but I started investing before the pandemic and made around $800k in profit that year. The key was seeking professional advice.

[@antonnohr]

It's remarkable, but considering my portfolio's current poor performance, I really do need their help. Could you please provide me with a way to contact your advisor ?

[@Rodxmirixm]

It's remarkable, but considering my portfolio's current poor performance, I really do need their help. Could you please provide me with a way to contact your coach?

[@Jason9o669]

Sure! Her name is Stacey Lee Decker and she' a genius at her field. You can easily confirm her expertise by searching for her online. She possesses extensive knowledge of financial markets.

[@DEHDON13]

No one can convince to buy anything I don't need or I didn't go looking for. I tell salesman NO! WITH EASE.

[@IKEMENOsakaman]

But the so-called developed countries' banks pay only 0.001% interests (or even less!)

[@GhostedStories]

Thank you for this!

[@RebelScumJack]

Thanks for the useful info! Godspeed and God bless!

[@luckystar003]

Thank you for the information

[@brianvannorman1465]

Thank you very much.

[@becausev8251]

Thanks! 🤩

[@ridwanarifien1628]

Did you know, banker is the enemy of humanity

[@admin6627]

Thanks~~~~< for watching_and don't forget••• to hit the like>watsap ➕ ① = ⑧ = ⑦ = ⑧ = ③ = ① = ③ = ② = ⑨ = ④ = ⑤..📲...

[@davids_blog1]

This video opened my eyes again Thank you

[@sitalisitali2803]

Back again with another one 🔥🔥this content is excellent 👌, i cant believe its for free, thank you very much

[@TheMotoKing]

I am my own bank 🏦 👍

[@nutlange6910]

Such great advise, wise I knew all this as a youngster.. Been saying for many years to my family and friends; banks are a business and one is in business to make profit !!

[@numbahone1434]

Wow, for real? How were you able to figure all of this at such a young age.

[@nutlange6910]

@@numbahone1434 read my comment again...

[@supernaturalwealthprovisio8132]

Awesome financial lesson💯👌

[@admin6627]

Thanks~~~~< for watching_and don't forget••• to hit the like>watsap ➕ ① = ⑧ = ⑦ = ⑧ = ③ = ① = ③ = ② = ⑨ = ④ = ⑤..📲...

[@SpeedKreature]

And by owning shares of Golman Sachs (and a few others), you can be assured that if they do screw up royaly, they'll be bailed out so your investment is safe...

[@VictorOrdu]

This is why I laugh when people say Bitcoin is a scam 😂

[@geetahuawei4243]

This video is so precious.

[@bigzybinc]

Hi is investing in shares any good with banks

[@amvic207]

a new subscriber is here❤❤

[@Lerremy]

Great content sir.

[@angelofamillionyears4599]

Good point about 90 %

[@carriemcswain4326]

That's actually illegal!!! Banks can not loan Depository money!!!

[@moneywolf2023]

good work

[@westspeaking251]

I always have been interested to visit United States of America I hope one day I can meet some one from there and get invited to meet that beautiful country, greetings from Mozambique!

[@numbahone1434]

You dont wanna go there, I heard its better to be in cuba or venezuela.

[@spectate0074]

Don't come here, we aren't friendly to tourists and we don't like outsiders and there's a good chance you'll just be bored. Nothing to do but spend money.

[@ArtHoward]

6:56 There are a dozen regional reserve banks, and they are required to keep 6% of their capital in the regional reserve bank. Uh...they ARE the regional reserve bank! The regional reserve banks are required to keep 6% in themselves? Is this a spot where a script needed proofreading, or am I not understanding?

[@sudarshant8783]

The private banks are supposed to deposit 6% of their money to the reserve Bank and will be given the shares of the shares of the reserve Bank in return

[@user-ph8to6vt2q]

A little correction here 0:03 "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - That was Henry Ford

[@dimdinio1552]

Super!

[@pierrekkee6292]

it is my understanding that since Chovid, banks no longer have to keep 10%.

[@patsylennon7335]

10% of nothing is nothing. Money was, is, and will always be fake.

[@skyscout3]

0:33 man has a floating head

[@danc3677]

It’s because I am and we all are FED

[@chrisclassical7]

the most abundant resource in the history of the planet is money. there is infinity money, it is not rare or scarce. the problem for most people is they are conditioned to be poor.

[@Riggsnic_co]

Banks are selling mortgages. People always say it's a good option to buy at discount, but with the market turmoil and everything at stake in present economy, I'm thinking of buying stable coin to hedge against inflation, or is it all right saving over 350k ?

[@JacquelinePerrira]

There are options that spread across multiple banks. I use a non-beginner broker that protest up to 3 million dollars and provide 4.58% returns on cash, it's always a good idea to consider working with an advisor for financial planning

[@Jamessmith-12]

Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.

[@kevinmarten]

Mind if I ask you to recommend this particular coach you using their service?

[@Jamessmith-12]

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@kevinmarten]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@spiritakarabbit369]

This method of creating money is wht some entrepreneurs do and know and yes everyone can do it. Especially when u know of hjr...and yes its lawful

[@kortyEdna825]

The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $400k worth of stocks?

[@tejarajesh4147]

The whole video move around one statement ""money doesn't make you rich,it is the debt that makes you rich""🤑

[@ismaelhall3990]

leverage

[@btvafrica5664]

Nice one brother... More wisdom

[@sandeshupadhyaya2671]

I may be wrong but I think Only seven people met in Jekyll Island to create the FED.

[@ortho3176]

Government can also borrow money from the people, in the form of government bonds.

[@billionaire8313]

Smart move

[@FinancialFinesse00]

Thanks for this valuble and informative episode Proactive thinker straight to the point and concise keep the gems coming

[@goldahong4392]

Thank you for this video. At 5:42, since you mentioned that Bank runs out of cash, why not Bank prints their own money themselves since you mentioned they can create money out of thin air?

[@moetocafe]

they do it through the Fed. But legally only the Fed is allowed to print USD.

[@charlesjohnson2475]

@@moetocafe 💯🤔

[@jifi9866]

I think by printing more will cause more problem due to inflation.

[@gangstamack8397]

@@moetocafe Correct

[@user-xl1ig1bn6i]

Let's put it this way: 1. Physical money is printed by the Fed using ink and paper. I mean out of thin air. 2. Then, the banks technically print it again out of thin air when they lend out 90% of the deposits so as as to receive more than what they lent out(interest). The deposited money does not belong to them. It belongs to the clients, yet they take it, give to someone else so as to receive some extra money for the second person. That's literally printing money out of thin air. Such a flawed system!

[@ryankerrett]

Awesome video. Finally watched it out. That's why I don't use banks. Spot on. Other people in the video commenting in the future and haven't even watched the video (this video is amazing) lol.

[@tachobrenner]

If you don't use banks, what do you do then? Where do you store your money?

[@ryankerrett]

@@tachobrenner in my house, where it belongs... FYI, can't save what u don't have lol

[@mariolanz4187]

How do you paid for your phone service if you don't use banks unless your parents do lol.

[@holysupermichael]

Shouldn't you be in school boy? Damn.. these kids on youtube comments

[@goldahong4392]

By the way, where is number 2?

[@MicheeNzamununu]

Thanks but what do you want me to do, create my own bank :) ? That's how the world works.

[@cc123456789]

how often are dividends paid? monthly?

[@MarcosMartinez-mq3nd]

Every 3 months

[@lesmurphy8466]

Do NOT invest in gold

[@yuliskarodriguez7892]

Amazing video! Thank you 💙

[@milesfast]

Just remember, banks are a corporation and you are a loving man or woman with a living soul. It is illegal for a corporation to create a contract with a man or woman. So once you get that loan be sure to request the documents proving it a legal contract. They will not be able to do this and you will then not be obligated to pay it back. Discharge debt.

[@joaocarvalho1979]

?

[@milesfast]

@@joaocarvalho1979 a corporate entity can’t make a contract with a person. It has to be corporation and corporation or person and person.

[@gm2407]

Money is a claim on goods and services, money that does not exist yet is a claim on future goods and services. It is an obligation to perform activity to receive money to pay money. Therefore money that does not exist is debt bondage by a debtor to a creditor. Voluntary servitude to another.

[@chris4090]

so acctually banks dont really take your money and lend it to someone else they just let your money in the bank and when someone else takes a debt then they just creat new money buy saying they payed for example 100 dollar to their bankaccount

[@joaocarvalho1979]

Ok so money is debt, but how can you own debt as a singular?

[@efrenbaron4443]

Nah, you almost got me lol

[@johncalla2151]

Yeah, you should buy stock in Silicon Valley Bank! That's the ticket!

[@bentonrp]

9:55 "If you want to keep ur money in a bank, try buying in their stock." There is a catch: Institutions disappear and new ones are born when the economy goes down. Banks are no different. Everyone who still had their money in Washington Mutual Bank stocks in 2008, or Home Savings Bank in the late 90's, saw those "indestructable" banks get destroyed. I'm no stock trader, but it is hard to imagine investing in what you don't at least slightly believe in. I use the bank for business, but I don't believe in any single one of them.

[@activeboss8241]

New here👍💥🔥

[@Bluehealer123]

Then why does the government bail out banks in crisis?

[@rumba3401]

My country pays 10% interest..Nepal So should I deposit in bank?

[@markme4]

Absolutely

[@avinash841]

yes

[@chiragesrani]

Most intelligent channel on KZbin , The channel which understands the entire monetory system

[@nikiwa5936]

Bro goldman sachs below 370...

[@DATRATMANZ]

What about self worth? I see people consuming they skipped college and dropped out of high school. Then they claim they bought their first house a few years later. Idk about you but in todays economy this isn’t possible. The minimum wage to live here is $19 to pay all your bills and leave you with money for food and insurance. Jobs typically hire around $13 for low wage jobs. Either you have to start out with connections working for your uncle or you’re already at a bad start working 2 jobs to live comfortably. You could take up an apprenticeship or something. I really don’t understand where people claim all their friends went to college for 8 years and graduated with high amounts of debt. You can go to a technical school and enroll in a transfer program to a 4 year institution. Get paid to go to college and stay at your parents. You’ll make around 12 k a year as a student this way from grants and scholarships. That is if you completed high school with decent grades.

[@financeclubyt]

Notification 👍

[@bluesatmosphere4659]

But are those other 90% taken from the 10% of other people like in a pyramid system or literally generated?

[@donaldhampton4274]

DEUTERONOMY chapter 23 can we try it the Creator way.

[@richardspillers6282]

If you were in your 30s, no bills, no debt, no wife, no kids, $1000 - $3000 weekly income and you just work and live at the job, what would you do with your money?

[@davedavis86]

Want to know something else? This is exactly the reason that everyone is working harder and longer and still can’t afford to live comfortably.

[@jimmillward3505]

When you said "All money is debt that is inaccurate because gold is money and everything else is debt. what you should have said is All currency is debt There is only one money and that is gold as JP Morgan once made quite clear. People need to realise there is a huge difference between currency and money. When you hold an ounce of pure gold in your hand you are not holding debt you are holding true wealth. however when you hold paper fiat currency in your hand you are holding debt.

[@apricotcomputers3943]

no, there's no "reserve requirements"

[@jayshutman3101]

Currency, and money, are two entirely different things. When you pay for something with money, you own it. When you pay for something with currency you only fulfill an obligation. You never own it.

[@saptarshidasgupta4859]

care to explain your point ? how come when you pay for something with currency you never own it ?

[@bentonrp]

@saptarshidasgupta4859 I'm going to guess that he is totally correct. All because credit, interest, terms and rates are also forms of "currency." And they're all systematic transactions based on not putting up actual money at the moment, usually in the form of a loan. Loans are usually contracts that has one party not pay real money right away just so they can sell away their time by guarenteeing larger payments in the future. As such, whatever high ticket item you "bought on financing" becomes collateral: It is not really yours and can be taken back if you ever fail on doing what you guaranteed to do within the terms of the loan.

[@mrclean6109]

The big question is do you have money?

[@elyon9329]

Money? Money does not embrace notes! (FRN’s) FEDERAL RESERVE NOTE. The United States Inc. is insolvent, bankrupt, and dissolved; so what money?

[@shaskaone]

At 6:00 min the real story is that Jp Morgan & friends organized the crash to help create the fed

[@gm2407]

Evil bond villain: So if I buy out the 12 banks I own the FED and I own the US government. Evil laugh followed bt exit stage right.

[@jack00984]

what's with all these spam?

[@damasovelez1715]

But it doesn't create value ? Lol 😂

[@SurajSinghTomarArya]

This is why Bitcoin will continue rising.

[@holysupermichael]

🤣🤣🤣🤣🤣🤣

[@hilwaamanamankiyar-pp5bf]

1:18 1:2❤🎉6

[@chrispaul3778]

Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@cassiejacobs4197]

Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.

[@kingbush9328]

If you don't find a means of multiplying your money, you will wake up one day and realize that the money you thought you had, had been exhausted. Investment is a ladder to climb the financial wall.

[@ningyen1444]

Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?

[@chrispaul3778]

Cryptocurrency investment, but you will need a professional guide on that.

[@chrispaul3778]

Facebook 👇

[@CCoburn3]

If the Fed hadn't been formed, most of the financial problems we have had since it was formed would not have happened. And the ones that did happen would have been much shorter. As for this guy's advice, you'd have to be a damned fool to follow it. Banks are crashing left and right. And we're just entering the depression. Bank stocks are HORRIBLE investments right now. Buy real assets. Buy yourself a small farm if you can. And put the rest into gold and silver that you physically possess. That way, when the economy crashes and the dollar is absolutely worthless, you can survive. And when things turn around, you will have REAL money (gold and silver) to invest.

[@Nick-ig4wz]

Quote: “the government is borrowing money just like you” Correction: the government is stealing money from me.

[@PhatChin]

How come you don't say 'fuckus' anymore?

[@isabellaschopper8988]

Tats why jester day I get 27000 dollar out there haaaaaaaaaaa