Banking is a Scam: Here’s the Proof

The banking is a SCAM. We’ll proof it…

But before we dive into that, let’s also review the basics of banking…

A bank is a financial institution that’s licensed by the Federal Reserve to receive deposits, make loans and provide financial services.

Banking is a Scam – Here’s Why…

This process helps create liquidity in the market—which “creates money” and keeps the supply/economy going. 

Now just like any other business, the goal of a bank is to earn a profit for its owners. For most banks, the owners are the bank’s shareholders.

Banks earn a profit by charging more interest on the loans and other debt they issue to borrowers than what they pay to people who use their savings vehicles.

The interest is where the real profits come from!

The bank now has an asset equal to the amount of the loan AND a liability equal to the deposit.

So to break that down…

The banks also get back the original loan amount…

…PLUS the interest owed…

…AND they also get to keep your asset if you can’t pay…

Are you beginning to see how they swindle everything from us?

Want to understand it all in just 30 minutes?

To get even more clarity on how the American Banking System REALLY works we highly recommend watching this edu-taining yet short 30 minute video which explains it beautifully.

It’s time to wake up because the “American Dream” is a lie!

Tomorrow we’ll discuss the truth behind “YOUR” debt and why there’s ZERO shame in erasing it.

Your friends in finance,
Private Wealth Academy

P.S. If you haven’t had the chance to watch the Debt Removal Workshop in its entirety and you’re still wondering how this debt removal process works, you can watch it here. Just think, you’ll be able to use this method again & again.

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