Monday, August 3, 2009

Do Not Throw Your Money Away!

By Tomas McFie

...and find out what thousands of people will never know.

I am going to share something with you that is so significant that you may even get mad that someone has not shared it with you before.

Sam Walton, phrased it this way, Capital is not scarce vision is

The Sixth president of the United States, John Adams, once said:

All the perplexities, confusion and distress in America arise from downright ignorance of the nature of coin, credit and circulation.

People today are perplexed by the same state of affairs that John Adams wrote about back in 1829! That is because most people have never been exposed to the truth about how banking really works. But you do not need to be traumatized about this. The disease of money and banking is an endemic in the United States. Besides John Maynard Keynes once wrote:

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.

Now if John Maynard Keynes, one of the most celebrated economists of the 20th century said, that only one in a million could detect the debasement, do not beat yourself over the head for not being aware of it. But do take some time to hone your detection skills so you will stop throwing away your money!

This is a different way to think about things, people regularly bid goodbye to 30% to 40% of every dollar they earn (that is after taxes.) This is because everything we purchase has a financing cost. That is correct! This is why; either people use money belonging to someone else and have to throw away their money to pay the interest, or they pay cash outright and lose all the interest that their money could have made for them. Both ways can be depressing. This is the banking equation revealed!

But who says you have to do things that way? Using cash values from life insurance as your own personal banking system has been demonstrated over and over again to work. Better than this. By using the Infinite Banking Concept and Becoming Your Own Banker as set forth by R. Nelson Nash, you can switch places with the banking institutions in your life right now. Turn your debt into an asset, just like banks are doing, and you will come out on top instead of them.

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