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#158 Fractional Reserve Banking: How Banks Can Create Money Out of Thin Air

Guest Info

Brian Kasal is joined by Jack Walsh to discuss the latest happenings in the market, and where the economy is going. Jack Walsh is Chief Operating Officer at FourStar Wealth.

In Today’s Market Checkin episode, Brian and Jack discuss:

  • The Worst Year in Fixed Income: Why Rates Fell And Precious Metals Rose – See visual aids on our YouTube channel.
  • How Banks Make Money with Your Money
  • The Fed Put: A Risky Game of Asset Price Support
  • The Unlikely Boom: Why Travel is Thriving in a Struggling Economy

This podcast is provided by FourStar Wealth Advisors for the general public and general information purposes only. This content is not considered to be an offer to buy or sell any securities or investments. Investing involves the risk of loss and an investor should be prepared to bear potential losses. Investment should only be made after thorough review with your investment advisor considering all factors including personal goals, needs and risk tolerance. FourStar is an SEC registered investment advisor that maintains a principal business in the state of Illinois. The firm may only transact business in states in which it has filed or qualifies for a corresponding exemption from such requirements. For information about FourStar’s registration status and business operations please consult the firm’s form ADV disclosure documents, the most recent versions of which are available on the SEC investment advisory public disclosure website at

FourStar Wealth Advisors is a Registered Investment Advisor firm headquartered in Chicago. FourStar Wealth is an independent firm without the conflicts or restrictions of the old school firms. Money and wealth are tools to help investors get where they are going and achieve their hopes and dreams. We would like the opportunity to help you realize your hopes and dreams by achieving your financial goals.

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