Search results for: nelson
Ep. 20 Nelson Nash Talks About Leonard Read, Crashing Planes, and Getting the Bankers Out of Your Life
Nelson Nash is the developer of the Infinite Banking Concept (IBC), which uses properly designed whole life insurance policies as a cashflow management vehicle. Although Bob (along with Carlos Lara and David Stearns) has worked closely with Nelson over the years in building the Nelson Nash Institute, this interview focuses on some of Nelson’s charming…
Ep. 206 “What Did Bob Learn?” Part 3 of 3
Bob concludes his series on areas where he’s changed his mind. This episode covers the economics of climate change, fractional reserve banking, the US gold standard, his notorious inflation bets, Nelson Nash’s Infinite Banking Concept, and the God of the Bible. Mentioned in the Episode and Other Links of Interest: Bob’s chapter on the gold standard.…
Ep. 168 Bob Murphy Responds to Dave Ramsey Calling IBC a Scam
Personal finance guru Dave Ramsey recently called IBC a scam on his popular show. Ramsey alleged that the dividends received from a mutual life insurance company were just deliberate overcharges to make the customer think he was earning a profit, even though it all came out of the customer’s own pocket. Bob sets the record…
Ep. 115 Understanding the Coronavirus Alarm and Practical Steps to Weather the Storm
Bob urges skeptics not to dismiss the panic over the coronavirus as merely due to anti-Trump fear-mongering. Although government coercion is not justified, the underlying health crisis is very real. Bob also explains the economics of the toilet paper shortage, and gives practical tips he is using to try to keep his own household safe.…
Ep. 84 Bob Gives a Short Case For the Infinite Banking Concept (IBC)
Along with Carlos Lara, David Stearns, and the late Nelson Nash, Bob has been heavily involved in educating the public and financial professionals about the Infinite Banking Concept (IBC). This is a process of using a dividend-paying Whole Life policy as a cash management tool, to “become your own banker” (in Nelson’s famous words). Bob…