This video contains some highlights from the Banking With Life podcast toward the end of 2020 and early 2021. We hope you find this highlights video both informative and interesting. Thanks for watching! Make sure to like and subscribe to join us weekly on the Banking With Life Podcast! ━━━ Become a client! ➫ http://bankingwithlife.com/ Buy Nelson Nash's 6.5 hour Seminar on DVD here: ➫ https://www.bankingwithlife.com/product/the-5-part-6.5-hour-video-series-nelson-nash-recorded-live/ (Call us at (817) 790-0405 or email us at myteam@bankingwithlife.com for a DISCOUNT CODE) Register for our free webinar to learn more about Infinite Banking... ➫ https://bankingwithlife.com/getting-s... ━━━ Implement the Infinite Banking Concept® with the Infinite Banking Starter Kit... The Starter Kit includes Becoming Your Own Banker by R. Nelson Nash and the Banking With Life DVD by James Neathery. It's the perfect primer for everyone interested in becoming their own banker. Buy your starter kit here: ➫ https://www.bankingwithlife.com/exclu... ━━━ Learn more about James Neathery here: ➫ https://bankingwithlife.com Learn more about Ryan Griggs here: ➫ https://griggscapitalstrategies.com ━━━ Listen on your iPhone through iTunes: ➫ https://itunes.apple.com/us/podcast/b... Listen on your Android through Stitcher: ➫ https://www.stitcher.com/podcast/bank... Listen on Soundcloud: ➫ https://soundcloud.com/banking-with-l... ━━━ Connect on other social media: ➳ https://www.facebook.com/jamescneathery/ ━━━ Disclaimer: All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action. ... https://www.youtube.com/watch?v=KU1kDwubGmI

[transcript] "It's ironic that the infinite banking concept® provides an immediate implementation of the sort of thing that the Austrian economists have been talking about for decades -- about how it is that we can achieve privatized banking -- returning money and banking back to the private sector. You would think that the Austrian movement would embrace it wholeheartedly and what's even more ironic is that Nelson Nash himself for decades has been one of the biggest boosters of Austrian economics in general -- when he goes to his seminars pushing people towards the Mises Institute, Foundation for economic education, other outlets like that, so there's this natural affinity and yet even after Carlos and I had our book come out -- it was virtual silence from the Austrian camp, and I think there's at least two main reasons, so one is simply that It's a difficult concept to understand that people just don't even know much about permanent life insurance, and so we're asking them to take a lot of time to sit down and learn something new, and if you're worried about rising prices and the collapse of the dollar on the surface it seems like life insurance isn't something you'd be interested in and so I think that's fundamentally the reason that a lot of Austrians haven't embraced this when for all sorts of reasons -- I mean Murray Rothbard in particularly loved insurance companies. I mean he had them as the foundation of how you would phase back government services and the legitimate services he thought would be replaced by insurance companies are something operating similar to that model, so there's a ton of affinity between Austrian economics and the insurance sector and I think Austrians need to give this a chance and really read it and not just take the word of others who say life insurance is a silly investment. If you're worried about inflation like many Austrians are -- and they say wait a minute, but life insurance that's a dollar denominated asset, so Bernanke is destroying the dollar -- I'm just going to go buy gold and what I try to explain to these people is look it's not that the infinite banking concept® is telling you to invest in life insurance. It's not that there's this whole range of possible investments, and we're saying you want to get into treasuries and just do it through an insurance company as a middleman. That's not what it is. It's saying it's a headquarters for your money. You're not tying your hands -- the whole point is -- you're becoming your own banker, so if you want to go make an investment in gold when you think the time is right, you can still do that. You just borrow against your life insurance cash values and you go buy gold if you think that's the right investment to make at the right time. So the thing t ... https://www.youtube.com/watch?v=sqSf-PraYPI