BankNotes Archive – Current Month

Content: Page 13, Becoming Your Own Banker Fifth Edition We continue to learn how the Infinite Banking Concept got started. So far, you have heard only a part of my story. The beginning of my awakening was in November 1980 when our first grandchild was born. Interest rates had begun … Read more

Last month, I began this series, which tackles the question: Does IBC “work” for people who are older and/or in poor health? Many people are concerned that the “pure cost of insurance” will be so high in such cases, that practicing IBC will be too expensive, or will have “too … Read more

By Gor Mkrtchian Of all the natural and social sciences, economics1 is the most crucial for the intelligent laity. This is because economic understanding among the public makes the difference between barbarism and a healthy society. While the other sciences are important, they only require a small minority of specialists … Read more

by Jeff Deist Readers of a certain generation will remember the seminal 1980s rock band X, featured in Penelope Spheeris’s great documentary The Decline of Western Civilization. Punk and alternative bands in the Tipper Gore era struggled to get record deals, radio airplay, or even hire venues for gigs at … Read more

Two facts about colleges stand out. First, they are largely (some argue almost entirely) a “private” good; that is to say, the benefits from college attendance accrue mainly to the student, not to society at large. For example, the Census Bureau tells us the typical male adult college graduate made … Read more