Interview with R. Nelson Nash Creator of the Infinite Banking System
Economic Warrior interviews Nelson Nash in regards to his creation of the Infinite Banking System which explains why high cash value ordinary life insurance should be the heart of a financial plan and the economic work horse for most Americans. This concept has been developed and refined over several decades, and today is perhaps one of the best economic concepts in American financial planning today. However, the concept is contrarian as it explicitly challenges and exposes the lunacy of traditional financial planning such as buying term life insurance and investing the difference, maximizing 401(k)s with mutual funds and other Wall Street obsessions such as dollar-cost averaging, diversification and asset allocation.
Today, both American families and businesses need to recapitalize their balance sheets and the Infinite Banking System is a proven methodology to do so. After many years of patient but consistent effort, the concept is now embraced by many Austrian economists, the only school of economic thought which accurately predicted the U.S. and world’s current economic crisis years before it happened–because of the boom and bust cycles ignited by the Federal Reserve System and fractional reserving banking.
Topics Covered; Infinite Banking System, cash value life insurance, Austrian economics.
For additional information about Nelson Nash and his life’s work, visit www.infinitebanking.org.
