Have you ever wondered why there's a maximum withdrawal limit at the bank?
They'll often tout it as "stopping criminals from laundering money." But the reality is this: They don't have much money in the actual bank!
What do I mean?
The primary way banks make money is by lending out YOUR money. Banks only need to keep about 10% of deposits on reserves. So when you make a deposit, they loan out your money (and then some!) and earn their profit by charging interest.
The only reason why this has worked is because the banks know 90% of all savings are untouched by the public — they don't take their money out, they leave it in the bank.
But this was one of the causes of the Great Depression. The public were scared of a market crash, decided to take out all their money as the banks weren't safe anymore, and they were told…
There was no money left!
But there is a way to be free from this madness. In today's episode, I reveal "The Family Banking System", which allows you to recapture the interest you're losing to banks.
Listen now!
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