The Lara-Murphy Show

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June 15, 2018

Carlos and Bob explain the mechanics of policy loans and then emphasize the importance of keeping track of them. Yes, you have the FREEDOM to never pay your loans back, but that might not be a WISE thing to do. Nelson Nash always stressed that you “play honest banker” when practicing IBC.

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

May 17, 2018

Carlos and Bob finish their series, summarizing some of the material in Chapter 7 of their new book (co-authored with Nelson Nash). In this episode, they address a hypothetical business owner who loves IBC but thinks he doesn’t have the cashflow to make it work. By cleverly using an already existing payment, the business owner can effectively build up the infrastructure of a large IBC policy while waiting for the future, irregular burst of revenue to come in. (NOTE that the point of this demonstration is merely to illustrate the power of IBC. The illustration in Table 4 of the book is intended to prove a point, not to serve as a model for business owners.)

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

May 14, 2018

Carlos and Bob continue their series, summarizing some of the material in Chapter 6 of their new book (co-authored with Nelson Nash). In this episode, they explain why Whole Life used to be a staple of the average American’s financial plan, but then fell out of favor. They also describe how Congress had to put on the brakes in the 1980s since too many rich people realized the benefits of this approach.

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

May 2, 2018

Carlos and Bob continue their series, summarizing some of the material in Chapter 5 of their new book (co-authored with Nelson Nash). In this episode, they address typical questions such as, “If you guys are worried about a dollar crash, why would I put my money in life insurance?”

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

April 12, 2018

Carlos and Bob continue their series, summarizing some of the material in Chapter 5 of their new book (co-authored with Nelson Nash). However, because Chapter 5 contains so much material, they are breaking the treatment up into two separate episodes. In this Part I, they address questions such as, “Can only certain people practice IBC?” and, “Shouldn’t I buy term and invest the difference?”

Mentioned in this episode:

  • The Case For IBC
  • IBC Seminar for the General Public in Chicago, May 19, 2018. Details here.
  • Mises Institute event in Nashville, April 14, 2018. Details here.
  • Three-part podcast series on “buy term and invest the difference,” starting with episode 4.

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

April 10, 2018

In this special episode, Nelson Nash himself joins Carlos and Bob, to discuss the chapter from their jointly-authored book–The Case for IBC–that draws directly on the material that Nash used in his live presentations to the public. Even for those who are quite familiar with Nash’s work, you’ll glean juicy nuggets from this interview.

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

April 3, 2018

Carlos and Bob continue the series covering their new book (co-authored with Nelson Nash). This chapter explains how the process of Infinite Banking rests on the platform of a dividend-paying Whole Life insurance policy. They also mention the standard features of a WL policy that make IBC possible.

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

March 20, 2018

On February 27, 2018, Bob was the guest at the student-led Yale Political Union, debating the resolution, “The free market can solve climate change.” A member of the audience captured the audio on his phone; we are presenting here Bob’s opening statement, his Q&A, and his summary statement. (We are editing out the brief speeches given by the students in the middle of the event.) Below is a timeline of some highlights, and then links to further reading on Bob’s work on this topic.

7:52 — Bob explains that higher temperatures mean fewer elderly deaths in the winter. When his opponents hiss, Bob jokes that they don’t care about the elderly.

25:55 — Q&A session begins.

30:30 — Student critic asks if Bob believes in any role for government to provide public goods or utilities. (His answer gets a big cheer.)

31:30 — Bob contrasts government-regulated utility service in the summer with Budweiser.

33:19 — A student critic argues that the American public doesn’t care about climate change, and therefore free market won’t solve the problem. Bob turns this critique on its head.

37:50 — Bob gives summary remarks (after the other students have spoken, though their remarks are not included in this audio).

For further reading:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

March 13, 2018

Carlos and Bob continue the series covering their new book (co-authored with Nelson Nash). This chapter lists the attributes of a hypothetical “perfect investment,” and explains how various assets fare.

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.

March 2, 2018

Carlos and Bob begin their series of going through their new book (with Nelson Nash), chapter by chapter.

Mentioned in this episode:

The sound engineer for this episode was Chris Williams. Learn more about his work at ChrisWilliamsAudio.com.