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How Privatized Banking Really Works Integrating Austrian Economics With The Infinite Banking Concept

3.69  ·  Rating Details ·  29 Ratings  ·  5 Reviews
What if there was a solution to government intervention and our current money madness? Would you hesitate one minute in wanting to know what it is? Of course not! No one would. The problem is so pervasive that a solution seems impossible and yet, there is a solution. This solution's only requirement is the action of a single person acting in a manner to help only himself, ...more
ebook, 379 pages
Published July 2010 by Sheridan Books, Inc. (first published 2010)
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Helene
Oct 19, 2010 Helene rated it it was ok
this book both assumes you agree with the author and makes some leaps with its conclusions, and at the same time explains other basic concepts in depth. you are either are trying to further educate a group that agrees with you and already has some base knowledge, or you are trying to persuade a group that disagrees with you by providing a new perspective on something.

also, the formatting of this book is very unprofessional. are production artists that expensive?

i think this could have been a ver
...more
Candy
Oct 07, 2016 Candy added it
More motivation if you already are into IBC. I suggest you start with something else if you want to understand how the IBC works. I have a policy and I love it. No one asks me about my credit when I call for a loan. I just get a check in the mail. I have a check on the way as I write this.
Seth
Jul 29, 2015 Seth rated it really liked it
The first 2/3 of this book is a popular-level description of Austrian economics--both how it diagnoses our current economic malaise and then proposes to fix it. Pretty standard stuff.

But the final third describes what is most commonly known as the Infinite Banking Concept, developed by Nelson Nash in the 80s, and argues that it is essentially a microcosm of Austrian economics within a family's financial plan: Savings comes before wealth; you can't inflate money into new wealth; etc.

What stands o
...more
Dave Maddock
Jul 23, 2016 Dave Maddock rated it liked it
Shelves: investing, economics
I skimmed Parts 1 & 2 as these are a general intro to finance from an Austrian economics perspective. Part 3 is what I came for, which is an argument for using whole life insurance as a cash flow management tool. Bob Murphy also describes how this approach is a way to opt-out of the Keynesian system of fiat inflation.
Lawrence M Law
Mar 24, 2016 Lawrence M Law rated it it was amazing
I loved this book because it teaches the novice how money actually works and should work in a sane and safe world. Today things are not so safe and require using financial tools that are risk free and still provide savings, protection and growth. I loved the book... great read!
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