We have all heard the phrase, “it’s like money in the bank”. Perhaps we should take a closer look.
“All told, there’s more than $13.5 trillion (dollars) in existence. However, the U.S. Federal Reserve says only $1.5 trillion exists as actual paper notes. In other words, nearly 90% of all dollars in the world exist as ‘digits on a screen’…. When you get a loan, your bank doesn’t open its vault, take out cash, and hand it to you. The bank’s loan officer types a few numbers into his computer… and the money arrives in your account.” -Nick Rokke
The private reserve strategy uses actual dollars put there by a person and is available to use as needed. There is no phony money involved.
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