Hello everyone , It has been a while. In this blog, I'll explain how the entire Banking System is a fraud. Here is why? A lot of people in India and even in other countries deposit their money in banks, but they are not aware that the money they are depositing in the banks is going to be lended by the banks to another person. This system is called Fractional Reserve Banking which means banks can lend money they don't have and it is a criminal scandal that has been going on for too long. Also, we have counterfeiting sometimes called quantitative easing but by another name, the artificial printing of money which if an ordinary person did they would go to prison for a long period of time, but the government and central banks do it all the time. And also, we don't know the real cost of money because it's the central banks that manipulate the interest rates. And more importantly, we will talk about deposit guarantees ( but in India RBI run...
Welcome to the Destination of Financial Wisdom, Entrepreneurship, and Investing Mastery. Let's Fuel Your Success Journey Together! 🚀