In this presentation, we show you the undeniable proof that by law (man-made) you are recognised as a “banker,” no seriously, it is no joke! 📖 In this video we cover:
- The elements of the business of banking.
- Definition of “banker,” “deposit,” and “loan.”
- How a “deposit” is actually a “loan” to your bank of choice.
- The case of Foley v Hill of 1848 as proof of the debtor/creditor relationship.
- How the case is context dependent and may not apply now that the currency is debt based.