Do Not Throw Your Money Away!
…and find out what thousands of people will never know.
I am going to share with you a concept that makes so much sense; it might make you angry that nobody ever shared it with you before now.
Sam Walton said it well, Capital is not scarce vision is.
In 1829 John Q. Adams wrote:
All the perplexities, confusion and distress in America arise from downright ignorance of the nature of coin, credit and circulation.
The same thing that John Adams mentioned in 1829 holds relevant to today. People are still bewildered. This is because they do not understand banking and how it really functions. They have never been exposed to this truth. However there is no reason to be troubled about this. Misunderstandings about banking and money are prevalent here in America. John Maynard Keynes said:
There is no subtler or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which only one man in a million is able to diagnose.
So, if one of the most famous economist of our time once said, it is only one in a million that would be able to diagnose this disease, do not throw a pity party about not picking up on it. But please do take a moment and sharpen up on your diagnostic skills so that you will stop throwing your money away!
Think about it this way, you consistently throw away between 30% and 40% of every dollar you make (and that is after taxes.) That is because you finance everything you purchase. That is right! You see, you either throw away your money by paying interest to someone else for the use of their money; or you throw away the interest that you could have earned on the money which you spend. Either way you lose. Welcome to the banking equation!
Of course this is not the way things have to be, it is a proven fact that the using cash values from a life insurance policy as your private banking system is very effective. You can Become Your Own Banker through the practice of the Infinite Banking Concept. This is explained in the book, Becoming Your Own Banker, by R. Nelson Nash. By practicing this concept, you will be able to capitalize on your own debt, but this time you will be the winner not the banks and financial institutions.
