nzlconcerto on Nostr: Banks buy securities, and securities derive fro promissory notes also known as ...
Banks buy securities, and securities derive fro promissory notes also known as promises to pay.
The securities comes from your estate's debt side of your account. Your account held with the IRS.
The value of the security is given to the bank. The bank then creates a loan contract back to you.
You create the money, and you then pay back the money to gave to the bank.
https://fountain.fm/episode/9ZKiuTHL2rOoXf17vhGC
The securities comes from your estate's debt side of your account. Your account held with the IRS.
The value of the security is given to the bank. The bank then creates a loan contract back to you.
You create the money, and you then pay back the money to gave to the bank.
https://fountain.fm/episode/9ZKiuTHL2rOoXf17vhGC