I saw this a while back and thought she was American? Anybody else remember that? Anyway, she did get something wrong. (42 seconds) When you get a mortgage, YOU don't get the money (she said they don't actually give you money, they click a key on a keyboard and generate fake money out of thin air.) Obviously, that's not true. When you get a mortgage, you don't get the money, the seller does. And it is real money.
I saw this a while back and thought she was American? Anybody else remember that? Anyway, she did get something wrong. (42 seconds) When you get a mortgage, YOU don't get the money (she said they don't actually give you money, they click a key on a keyboard and generate fake money out of thin air.) Obviously, that's not true. When you get a mortgage, you don't get the money, the seller does. And it is real money.
Fiat currency is not money.