Customer Quote by Tim Madden
““Banking doesn’t involve fraud, banking IS fraud. (from video by Paul Grignon done for United Financial Consumers (2002))””
About This Quote
Source Video: United Financial Consumers, 2002
Banking inherently contains fraud, suggesting the system itself is deceptive.
In simple terms: Banking is fundamentally deceptive.
Question the integrity of financial institutions.
Themes
Mood
Type
When to use this quote
- investing
- budgeting
- policy advocacy
Key Concepts
Questions to Reflect On
- Do you trust banks?
- How can you protect yourself?
Not all banking activities are fraudulent; nuance needed.