019: Cashflow from Owning Commercial Mortgages!

Wealth Formula by Buck Joffrey - A podcast by Buck Joffrey

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Let’s talk, for a minute, about how a bank works. You deposit money in the bank. These days, they pay you less than 1 percent interest. Because they are a bank, they are able to lend out most of the money you deposited. This is called the fractional reserve system. It’s complicated and best addressed […]

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