Ep. 2256 Financial Traps Everyone Falls Into
The Tom Woods Show
00:00
The Infinite Banking Approach Is Not Inflationary
Life insurance companies are not inflationary, they're not banks. They're lending money that is there. It's a sound solution to this. If you've got three credit cards and one of them only has $900, well, it would not take very long to start a policy that would get you to $900 in cash value. And again, every time you do that, you're earning a dividend every single year unless I can't guarantee that they'll pay one forever.
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