Fun With Banks! - Lehto's Law Ep. 2.36

Source: https://www.youtube.com/watch?v=AuGuzc3rioM
Published: Jun 8, 2016
Author: Steve Lehto
Post Date: 2019-08-10 14:29:54 by BTP Holdings
Views: 45

No one likes dealing with banks. And rarely do you ever get the better of them. But here are a few true stories of times I've dealt with banks and lived to tell about it - and even come out ahead!

www.lehtoslaw.com

@stevelehto


Poster Comment:

Screw the banksters.

The boss's son told me his wife and he are buying a house.

I told him the bank is not going to loan him any money. He said, "What do you mean?"

I told him,"The bank only needs to have 10% of any amount it lends on deposit. The other 90% it creates out of thin air. That is known as Fractional Reserve Banking."

I think it went over his head. :-O

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