In this YouTube monologue, the presenter warns viewers that recent legislation gives banks the authority to freeze a customer's account for up to 30 days without providing a reason, ostensibly to combat fraud or money‑laundering. He explains how fractional‑reserve banking works, noting that some banks reportedly keep as little as 4% of deposits in reserve, meaning the majority of a depositor’s money is lent or invested and is therefore at risk if many customers demand withdrawals simultaneously. The speaker argues that banks have incentives to retain customers’ funds and to avoid paying them back, likening this to insurance companies that try to deny claims. He advises listeners to diversify their wealth across gold, Bitcoin, equities (e.g., S&P 500, FTSE 100) and to keep only minimal cash in bank accounts. The bulk of the video then transitions into a promotional pitch for “Money School,” an online financial‑education platform offering hundreds of hours of courses, masterclasses, live sessions, and bonuses (Money Mastery Series, Money Mastermind University) for under £0.50 a day, promising to teach how the banking and tax systems work and how to protect and grow money. The presenter repeatedly urges viewers to sign up at money.school, emphasizing the low cost, cancel‑any‑time policy, and the urgency of learning before banks tighten control further.
Chapters
Warning: banks have new powers to withhold your money. And you know, this legislation just came in really under the radar and no one figured out what was going on, but they now have new powers. So some things have been happening in the background with the banks which I think, um, give them a lot more power and control over your money, and I think you need to know this stuff. So I'll talk about this new legislation, these new powers in a moment. But do you know what fractional reserve is? That's where you deposit £100 and if there's a 10% to 90% ratio on fractional reserve, they only have to keep £10 or dollars in the bank and they can lend and invest $90 out. So a 10%, 90% Fractional reserve means your 100 in the bank, they only have to keep 10 in, which if you think about it is great for them. They can lend it, they can invest it, they can make money on it, and you don't get that money that they make on it. They do, even though it's your money. So essentially, when you put money in the bank, you've loaned it to them interest-free. Would you lend money to anyone else interest-free? You probably wouldn't. But you putting money in the bank You're lending it to the bank interest-free. Now they're lending it and investing it and therefore risking it, but they're risking your money. Okay. And you put 100 in and they only have to leave 10 in and they can lend and invest 90 out, which could cause an issue if, you know, 11% of us wanted our money back, then the bank's illiquid and potentially insolvent. Now that's them trading knowingly insolvently. If you trade knowingly insolvently as an entrepreneur, you can be struck off as a director, you can not legally be able to run a company for a decade, or you could even go to prison. Yet they can knowingly trade insolvently because they've created their own rules. They are the banking system. Okay, now I didn't actually know this, but a friend of mine who owns a very well-respected, long-standing gold company said some banks are operating at 4%, which means you put 100 in and they're only leaving 4 in, and they're lending and investing out 96. And that's really worrying, and you should know that. And now you do. And maybe you'll think about spreading your money across multiple bank accounts. Maybe you'll put some of it in gold and some of it in Bitcoin and some of it in the, uh, in the stock market. That's not advice, I'm just telling you, maybe you'll think about diversifying your money around and not leaving too much in the banks other than what's needed. But the new powers they have, I think, are even more shocking, and that is that they can withhold your money for 30 days with basically not even giving you a reason. If they believe it's fraud or it's a scam or money laundering issues and checks, they can basically say, yeah, we'll freeze it for, for, um, 30 days. You can't access your money, you can't pay for anything. And they can just do that without asking any questions. And to me, that's wrong. That's really wrong. Because most people can't live 30 days without the money in their bank. Most people don't have 30 days of savings. So that would probably push most people over the edge to going bust. And yet the banks can just do it. And nowadays, if you are asked to get cash out, they can think it's a fraudulent scam and freeze your money for 30 days because you want cash. If you put money into crypto, they could freeze your money for 30 days because they think it's a fraudulent scam. They think it's a fraudulent scam. I think it's a scam that you can't get access to your own money. And these new powers have come in and kind of gone under the radar, and they don't really have to ask questions anymore. And of course, it's all under the illusion of, you know, of your safety and protecting from scams and money laundering and all that. But come on, Come on, if you think about it, do the banks ever want you to have your money back? Do they ever want to pay you back? No, they never want to pay you back because they can't lend, invest, and earn on money they pay you back. So they're going to do everything they can to can't pay you back. It's a bit like the insurance companies do everything they can not to pay you. And to me, that system is all wrong. Insurance companies shouldn't do everything they can to not pay your claim, and banks shouldn't do everything they can to not pay your money back because it's your money. That's the world we're in, and that's the reality. Look, banks are smart. They've got their own rules, but now that you know their own rules, maybe you can play them at their own game. So maybe you want to get good knowledge around how the banking system works. Maybe you want to diversify your money into different, better storage rather than saving, because Savers are losers. And maybe you want to think about different classes and not just bank accounts. For me, the S&P 500, the FTSE 100, these are better savings accounts than a bank, and that's really where I have my savings because it's still pretty liquid. So anyway, look, you've got to give yourself better financial knowledge in these disruptive times. You've got to watch out what the banks are doing. Things are changing all the time. The taxes are going up and up and up. The banks are controlling your money a lot more. And you need to arm yourself, and the best way to arm and protect yourself is with knowledge. The more you learn, the more you earn. And this is why I relaunched Money School to become my global online school to help as many people on the planet get better financial knowledge, to disrupt the main education system because it's not teaching you what you need to know about money and business. So if you'd like access to hundreds of hours of courses, resources, and masterclasses to make, manage, and multiply money, to know how the banking system works, to get your tax bill down, to get a better return on your money, to protect your money so that you can access your own money when you want, I recommend you join Money School right now. So Money School, the link, it's really easy to join by the way, it's all online. You can access it anywhere in the world immediately. It's relevant in pretty much every country. And damn, I've just put the wrong link in. Let me do it again. The link is money.school. Simple as that. Just type in now money.school. That's all you have to do. Money.school. And for less than 50p a day, you can cancel any time as well. There's no ongoing contract. There's hundreds of hours of courses, resources, and masterclasses. Have I typed it in right? Yeah. Money.school. Um, you can cancel anytime, and, uh, you can immediately access all these online masterclasses. And there's live sessions most Sundays with me and my millionaire mentors on starting a business, scaling a business, building multiple streams of income, getting your tax bill down, getting your income streams up, learning how to, uh, increase your earning power, whether you're working or starting a business or doing both. Teaches you about how the money system works, how the banking system works, how to play the banks at their own game and win. It's all inside Money School. There's many bonuses inside as well. So I've got a 3-hour Money Mastery Series. I actually created this Advanced Money Mastery Series from all the billionaires and the titans of wealth that I've ever met and studied. I did it for one of the biggest influencers in the world, but I retained the IP, which means that content is actually in money.school. Also, I did a 15-hour money mastermind university. So if you're not rich yet, it means you weren't taught about money properly by your parents and in schools, because if you were, you would be. And so I've redesigned how I would run the education system around money based on the 12 fundamental laws of how to be rich. And that masterclass, mastermind, which is 15 hours, I'm going to give you as a special bonus inside money.school as well. So the link to join and to get these special bonuses and these hundreds of hours of courses is money.school. So I don't think the link is clickable, so you're going to need to type it in, money.school. I've got content in there about how the banking system works and how the money system works. And kind of how to play the banks at their own game and win. Because the thing with the banking system is, at first when I really understood how it worked, I was quite angry. I didn't think it was a good service to humanity. I now realize actually it's quite a clever business model. If I could print my own money, would I? Yeah. If I could borrow money through the back door to pay off all my debt, would I? Probably. But the thing is, it's not transparent, and that's the problem. The problem is you don't know what's being done to you, and this is what I'm exposing and uncovering and teaching inside Money School. Banks are great. They're great for buying assets, but they're also a trap that can get you into debt for the rest of your life, and you can become a slave to the banks. So the banks make a great servant. But a terrible master. So learn how to make them a servant to you rather than they become your master. And all of this content is inside money.school, and it's more important now than ever because the banks just keep changing the rules to benefit themselves. You know, the government's changed recession criteria and definitions to benefit themselves. They change fiscal policy to benefit themselves. They increase taxes to benefit themselves. Bank, you know, the banking system changes to benefit itself, and you have to stay on top of all this and figure out how you can win. And, um, people win inside money.school, and I want you to win with money. So be careful of the banks. They can now just hold your money for 30 days, no questions asked. I've seen it myself. Many of the people inside money.school have had this. They've had their account shut down over trying to buy a couple of grand's worth of crypto, or they've been refused money because they wanted it in cash. And actually, we've experienced a lot of this ourselves now as well. So you have to be vigilant and you have to know how the game of money works. So go join money.school. Costs less than 20 pence a day— no, less than 50 pence a day. Cancel anytime, no ongoing contract. In fact, in the next 48 hours, I'll spend more on coffee than it costs to join money.school. So see you in there. And once you join, let me know in the comments what you think about the banks. And remember, if you don't risk anything, you risk everything. Invest for freedom, choice, and profit.
