Jayson Lowe explains how banks profit from debt: they control the asset, redeploy capital fast, and extract multiple rounds of profit from one dollar. Advertising hides total cost behind monthly payments, so you obsess over tiny rate differences instead of asking if financing actually enriches you.
When's the last time you made a financial decision where the first question you asked was, who is getting wealthier from this transaction? You know, one of the things that consumers borrow money for the most is cars. And when you see these ads and you, you see that they're promoting what the payment will be, why aren't they advertising the total cost? Just think about that. And, and people will spend 3 weeks trying to save a half a percentage point on, on a financing deal or a loan and won't spend 30 minutes asking whether did the Their financing is actually making them wealthier. The banks ask, who controls the asset? How quickly can we redeploy the capital? How many times can we get this single dollar to work in favor of the bank? And so let me ask you, the viewer, like when you make a financial decision, do you spend more time thinking about the cost of one transaction or the lifetime productivity of your capital? I go deeper in a free training at learnwithjay.com, or just follow along and I'll keep it simple.
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