BYOB Book Review Part 5 | Creating a Bank in Becoming Your Own Banker by Nelson Nash
The Wealth Without Wall Street Podcast
How to Turn Active Income Into Passive Income
A bank that lent $860 billion and earned $1.9 billion in interest on those deposits would have paid out a whopping 0.2% to the depositors. They did because they got Garpen, they got relationship, relationship pricing on those loans. So simply, it sounds like there's a 5%. That's what the bank made was 5%. It's a 26-to-1 ratio. We are really making money on top of money to own the financing function in our lives. If you've listened to our show for any length of time, you've heard us talk about infinite banking. But it's just not that easy to figure out how does this all connect into my
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