Nelson Nash is the developer of the Infinite Banking Concept (IBC), which uses properly designed whole life insurance policies as a cashflow management vehicle. Although Bob (along with Carlos Lara and David Stearns) has worked closely with Nelson over the years in building the Nelson Nash Institute, this interview focuses on some of Nelson’s charming stories about learning to fly and being mentored by FEE’s founder, Leonard Read. The conversation then turns to the pernicious role that commercial bankers have played in history, and how IBC allows individuals to secede from that evil system.
- The website of the Nelson Nash Institute.
- Nelson Nash’s classic book, Becoming Your Own Banker.
- Nelson’s book (co-authored with Murphy and Carlos Lara), The Case for IBC.
- The website of the Foundation for Economic Education (FEE).
- Leonard Read’s most famous essay, “I, Pencil.”
- Murphy’s talk on “Rothbardians versus ‘Free Bankers’ on Fractional Reserve Banking” at Mises University.
- Lew Rockwell interviews John Denson on the “Hidden History of World War I.”
The audio production for this episode was provided by Podsworth Media.