Round Table | Dave Ramsey Says Infinite Banking is a Scam Part 1
The Wealth Without Wall Street Podcast
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I'm Ready to Go, but You Broke, You Broke My Train of Thought.
Life insurance actuaries have to build in a buffer, because some people are going to die early or late. And if by building in those buffers, that is a deliberate overcharge, i don't disagree with that. But the first line from the person to caller was that they showed me an example where, after seven years, i've got all the money back. Dave never addressed that from that point. Well, what else didn't dave address? Mart, why you think he didn't address it?Mart: Because if it did, or if it ever broke even, it might be a good tool for us to use to implement the infinite banking concept.
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