How Banks Work and How to Become One

Magnify Wealth Podcast with Scott Gannon

This week, we’re pulling back the curtain on how banks generate staggering returns—often in the range of three or four-digit percentages—all while minimizing risk. Scott breaks down the concept of money velocity and why banks focus on moving money rather than relying solely on compound interest. Plus, learn how you can leverage the same strategies using high cash value life insurance policies to achieve impressive financial gains. Looking to maximize your own wealth? This episode is packed with insights you won’t want to miss.