secrets the big banks don’t want you to know

5 Secrets the Big Banks Don’t Want You to Know

On: June 10, 2015

In: Infinite Banking, interest, Life Insurance, Permanent Life Insurance, Whole Life Insurance

5 Secrets the Big Banks Don’t Want You to Know Learn the secrets the Big Banks don’t want you to know. In this blog post I’ll expose these secrets to you, so you can take the necessary steps to free yourself from their financial tyranny. The money banks loan is not there… or theirs! Banks loan MULTIPLES of depositor’s money. The money that banks lend is created out of “thin air” without RESERVES. Traditional bank lending creates inflation. Banks operate on Fractional Reserve Lending. FRL allows banks to loan out $10 for every $1 on deposit. When money is put into circulation without reserve, thisRead More →

"The current fiscal policy is unsustainable. We are heading to a future where we'll have to double federal taxes or cut federal spending by 60%." David Walker, Comptroller General of the United States "The fate of the world economy is now totally dependent on the stock market, whose growth is dependent upon about 50 stocks, half of which have never reported any earnings." Paul Volcker, 1999, former Federal Reserve Chairman "My friends, there is good news and bad news. The good news is that the full faith and credit of the FDIC and the U.S. Government stand behind your money in your bank. The bad news for you, my fellow taxpayers, is you stand behind the U.S. Government." L. William Seidman, former head of the Federal Deposit Insurance Corp. (FDIC) "In coming decades, many forces will shape our economy and our society, but in all likelihood no single factor will have as pervasive an effect as the aging of our population." Ben S. Bernanke, Chairman of the Federal Reserve System "Because the Social Security trust fund does not consist of real economic assets, we are left to rely on the federal government's future decisions to either raise taxes, reduce spending or increase borrowing from the public to finance fully Social Security's promised benefits." Paul O'Neill, former Treasury Secretary "As a nation we have already made promises that we will be unable to fulfill." Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve System

How can life insurance help during retirement?

“Life insurance is a private contract between the owner and an insurance company. In exchange for a payment, the insurance company is legally obligated to provide you with benefits pursuant to the contract. Specifically, these benefits can be utilized to pay expenses for long term care, as a hedge against inflation, and as a regular, predictable, and reliable income stream for life.

It’s basically a private contract that allows you to have your dollars work harder.

The primary reason people buy life insurance is to protect their loved ones from loss, however perhaps it’s best kept secret is that it can be used to provide a steady, tax-free stream of income during retirement.

There are various types of life insurance: term, permanent, universal, variable and index. Each has its own benefits, and should be configured to fit your goals.”
~Barry Page

Protect, Plan and Prosper

secrets the big banks don’t want you to know

5 Secrets the Big Banks Don’t Want You to Know

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