How Banks Works #lukebelmar #motivation #bank #money

[pozziemozzie]

An old friend i had 10 odd years ago used to take all his money out of the bank as soon as he got his pension, he used to say "im not lending the bank my money". I used to think he was just a bit mad and eccentric... after watching this video i can see that he was 100% completely correct..
R.I.P Lesley, i still think about the crazy times we had.

[GRANDboysENT]

Dang makes you think... No matter the market, society just doubles down on credit to bounce back

[Heroisharo]

My biggest takeaway is this: Continue to invest instead of just putting money in the bank. Keep small savings for emergencies, but invest the rest of your income. If the banks are doing it, shouldn’t everyone?

It's crazy how someone can spell it out, and people still won’t take action.

[mikevecchio]

I've always thought this way. You have to always use the question, "Why?"That's how you strengthen your thinking skills to get to this level. You'll soon realize, like I did...
Do not follow the crowd!

[shadowhadz]

Haha - My money goes out the bank as soon as I get paid and is invested! ❤

[denasellsKC]

Talk about mind-blowing. All gems in this clip🔥

[kanecrawley]

Ah yes, luke interviewing luke again 😅

[channingbaker-zn]

The role of a bank is to make money and regulate the economy it's a form Of control

[BdDaBOMB]

💎 Few in contemporary society comprehend taxes and interests effect on the circulation of currency.

[matthewday]

My great grandfather always said that banana were nothing more than a legal ponzi scam. It takes the money of the first depositors and loans it out to the later ones and charges a fee “interest” on the loan to the later depositors to be able to pay the original payment. Your bank balance is just a number in the bank’s system. If you see that you have 1000k in your account go up to the bank and say you want to withdraw it all and then see what the results are. I went to the main SECU in Raleigh and couldn’t withdraw 5k smh

[Nellosphere]

If we understand a system is Corrupted why do we continue to rely on that System?¿?¿?🤔

[darryljoy]

If you deposit money into a bank you are an unsecured creditor. the money you deposit is added to the bank's liabilities, If you borrow money from a bank they will most often require an asset as security against the loan they are a secured creditor and the debt you owe them is added to the bank's assets on its balance sheet.

[dougEfresh]

This is true, please wake up people. Your energy and time is the true credit. Take control of your life today get informed get involved and make a difference

[coutureleotards]

You see, the way my checking and savings not in there long enough for them to even loan it to anyone 😂😂😂😂.

[MWittmann]

He is one of the few role models left in the world. As the quantity dwindled, quality multiplied bountiful and Luke Belmar is the result

[jasoncoon]

It a quickly and easily way to take down a banking industry

[misterindependent]

The new system is where everybody will be their own bank. On an app on your phone.

[johnnyappleseed]

Its good to see him semi normal, not spitting some useless saying but being more real

[Tripper]

Im tired of people hating on smart individuals like this because they're jealous

[donhagerty]

❤ THE ONLY PURPOSE I HAVE FOR MY BANK IS THAT IT IS A PLACE FOR SOMEONE TO SEND ME MY MONEY SO I CAN TAKE IT OUT AS SOON AS I GET IT