Banks Don’t Lend Money, You Loan Them Credit/Property – aka Promissory Notes

“Banking is slightly illegal,” says world-renowned economist Richard Werner, who is leading the charge against CBDCs. In this episode of “The Glenn Beck Podcast,” Richard teaches Glenn that “banks don’t take deposits, and banks don’t lend money.” That begs the question, “What do banks actually do?” This discussion may make… Read more“Banks Don’t Lend Money, You Loan Them Credit/Property – aka Promissory Notes”