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Accumulating Wealth

Ep. 156: It's a Wonderful Bank

21 Nov 2023

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Almost 40,000 bank branches, 4,000 community banks, and 134 regional banks all in the United States. Why are there so many banks? Well, the guys bring on a special guest to take it back to when banking was born; ancient empires needed a financial system to facilitate trade, distribute wealth, and collect taxes. They also account for how the banking system's evolution has contributed to where we are today.   LINKS: cainwatters.com Submit a Question Facebook | YouTube

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