The integration between the Austrian economy, money and the concept of the Infinite Banking is a lot of sense. If you understand these principles, the only question you have, so we do not as a society. The authors provide answers and shed light on that too.

Why is it important for me?

I always want to ask this question, as I sit in your shoes. Is this summary you get when you see him? Right now everyone is developing a system of fiat money. Basically, Fiat Currency is not backed by hard assets like gold and silver. 1971, Richard Nixon took the U.S. off the gold standard and we had a leak, since inflation. In addition, the Federal Reserve was created in 1913 and since then, the dollar lost 96% of its purchasing power. To in perspective, two silver coins might your car with gasoline in 1950 and now fill, two pieces of silver will fill your car with gas. The difference is that the money is worth 50 cents in 1950 and is now worth $ 62 dollars. The problem is that he buys the same amount of goods. » Read more: Book Summary: How Privatized Banking Really Works – Written by L Carlos Lara and Robert Murphy