Banks Don’t Lend Money!

Banks aren’t what you think they are. They’re not in the business of lending money—they’re in the business of buying securities. What does that mean? Deposits, as we know them, aren’t real in the legal sense. There’s no lawful definition for a "deposit" because it doesn’t fit the criteria for bailment, warehousing, or any other legal framework. In this video, we’ll break down how banks turn promises into profits, the truth behind their financial operations, and why your "deposit" is actually just an unsecured loan to the bank. Prepare to challenge everything you thought you knew about modern banking.