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2019 March BankNotes

A Closer Look At Businesses Part I: By L. Carlos Lara
[Reprinted from the November 2018 edition of the Lara-Murphy-Report, LMR]
According To The Kauffman Index of Startup Activity1 the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity is now up more than 12 percentage points higher than in 2009 at the height of the Great Recession. This of course is a very encouraging nationwide trend and I extend my admiration to all those individuals who have ventured out into an endeavor where only about half survives the first five years in operation. Obviously, by any measure, these are certainly not great odds so I also applaud their courage and their desire to start their very own enterprise.

2019 February BankNotes

George Washington’s State of the Union Address Holds Lessons for the 21st Century: by Lawrence W.Reed
It was a time when government knew its limits and its proper place, and the people did too.
A few million people will be watching when President Trump delivers his State of the Union Address to a joint session of Congress on January 29. I doubt I’ll be one of them. The last State of the Union I watched from start to finish was literally 30 years ago, and I don’t feel the least bit deprived— intellectually, spiritually, or otherwise.

2018 December BankNotes

Notes from the Cutting Edge of Finance: by Ryan GriggsFirst published in Feb, 2018 on Medium.com.

I’ve just returned from the Nelson Nash Institute’s (NNI) annual Think Tank conference for practitioners of the Infinite Banking Concept (IBC) in Birmingham, AL. It seems appropriate to say a few words about the experience.

For context, the IBC is a cash-flow management strategy that allows individuals to opt-out of the federally-enforced cartel that you might know as “the commercial banking system.” Nelson Nash is the creator of the IBC and author of the book Becoming Your Own Banker —

November 2018 BankNotes

Individuals who own one or several dividend-paying Whole Life insurance
policies that are designed in the special way advocated by Nelson Nash’s
Infinite Banking Concept (IBC) are often faced with a perplexing question
and a decision they must make whenever the need arises to purchase or pay
for something.

October 2018 BankNotes

Earlier in this series of articles I wrote a little bit about Social Security. But,
it kept haunting me that there is much more that needs to be revealed about
this unbelievable con game. And so, I offer just a few additional facts about it
and my observations of human financial behavior because of it.

September 2018 BankNotes

In the May 2017 issue of the LMR, I wrote the first part of this series. I
began to tackle a common objection that Carlos and I get, when we talk
to crowds familiar with Austrian economics. (Notice the quotation marks
around the title of the article: These words are coming from the public, not
from me.) Specifically, people wondered how Carlos and I could be in
favor of the Infinite Banking Concept (IBC), after we had systematically
explained that the Federal Reserve’s actions since 2008 had set the U.S.
economy up for another crash, and also threatened the U.S. dollar. In such an
environment, why in the world would somebody want to load up on a dollardenominated
asset like life insurance?

August 2018 BankNotes

My business partner and coauthor Carlos Lara and I have been warning since the financial crisis of 2008 that the Federal Reserve’s response has merely set us up for another crash. In September 2016 we released a video entitled, “How to Weather the Coming Financial Storms” which outlined our prognosis, and gave strategies for business owners and households to protect themselves. (You can still view the video from our main landing page at: http://laramurphy.

July 2018 BankNotes

A common method of showing the public the power of Nelson Nash’s
Infinite Banking Concept” (IBC) is to stress its feature of “constant
compounding.” In contrast to many other asset classes, dividend-paying
Whole Life insurance always increases in value. Indeed, some proponents of
IBC enthusiastically declare: “There’s nothing else like it!”

June 2018 BankNotes

The World Population Clock1 is currently registering 7.6 billion people on the planet. Among those 7.6 billion people, Forbes2 has identified only 2,208 individuals who are billionaires from 72 different countries. Based on this information our chances of ever becoming a billionaire are pretty slim — somewhere around 0.00002%.

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