In their monthly publication the Lara-Murphy Report, Carlos and Bob have each started a series investigating the history of certain groups operating behind the scenes to influence social and political trends. Mentioned in this episode and other links of interest: Information on the Lara-Murphy Report. Bob’s college essay on the origins of the US public school system. The audio production for this episode was provided by Podsworth Media ..read more

In the wake of the coronavirus, the Federal Reserve has engaged in unprecedented actions, pumping $2.5 trillion into the financial system in just two months. Many readers ask: Does this make IBC a bad idea? After all, it relies on a dollar-denominated asset (life insurance). Bob and Carlos discuss the economic outlook and this particular issue. Mentioned in this episode and other links of interest: Carlos and Bob’s September 2016 presentation, “How to Weather the Coming Financial Storms.“ The documentary This Is Nelson Nash. The book co-authored by Nelson Nash, Carlos, and Bob ..read more

Carlos and Bob critically assess the Fed’s $1.5 trillion repo operations, allegedly designed to stem market panic over the coronavirus. Bob observes that even Walter Bagehot’s famous dictum said central banks should lend freely *at a high rate of discount*. Mentioned in this episode and other links of interest: Carlos and Bob’s September 2016 presentation, “How to Weather the Coming Financial Storms.“ The documentary This Is Nelson Nash. Bob’s new series for the Mises Institute, Understanding Money Mechanics. Carlos and Bob’s book, How Privatized Banking Really Works. Bob’s analysis of the F ..read more

Carlos and Bob end their hiatus and return to the airwaves, fresh from the 2020 IBC Think Tank in Birmingham. They summarize the talks they gave at the event, including some exciting news about the Nelson Nash Institute’s forthcoming project. Mentioned in this episode: The CBO’s 2019 Long Term Budget Outlook. The documentary This Is Nelson Nash. Bob’s new series for the Mises Institute, Understanding Money Mechanics. Carlos and Bob’s book, How Privatized Banking Really Works. The audio production for this episode was provided by Podsworth Media ..read more

Bob and Carlos discuss the 2017 Tax Cut and Jobs Act’s impact–especially because of the boost in the standard deduction–on incentives to make charitable contributions. Then they discuss Beto O’Rourke’s pledge to remove the tax exempt status of churches and other organizations that don’t endorse gay marriage. Mentioned in this episode: AEI’s Alex Brill’s report on how the 2017 tax reform will reduce the incentives for charitable giving. GivingUSA’s report on charitable giving in 2018. Scott Sumner very upset that the 2017 tax reform retained the deductibility of employer-provided health insura ..read more

As the U.S. authorities once again pivot to begin another round of cheap credit, Carlos and Bob reflect on the deception–both deliberate and unwitting–involved. Part of the problem is that younger investors haven’t lived through a crash, but even the old timers are caught flat-footed if they think past crashes were an “act of God.” This is why it’s so important to learn Austrian economics. Mentioned in this episode: Carlos and Bob’s video, “How to Weather the Coming Financial Storms.” The audio production for this episode was provided by Podsworth Media ..read more

Bob and Carlos return from their summer hiatus to bring listeners up to speed. Carlos had a medical issue that occurred in June, which he explains in the episode. After describing what happened, Carlos ties his experience to the broader condition of medical care in the United States: it’s top-notch, but very expensive. Mentioned in this episode: Bob’s post on the inverted yield curve. How to subscribe to the Lara-Murphy Report. The audio production for this episode was provided by Podsworth Media ..read more

Carlos and Bob discuss a NYT article detailing the problems some insurance policyholders are having, and why Nelson Nash says to do IBC *only* with a dividend-paying Whole Life policy. Mentioned in this episode: http://www.nytimes.com/2016/08/14/business/why-some-life-insurance-premiums-are-skyrocketing.html ..read more

Carlos and Bob discuss the alarming situation outlined in the latest Lara-Murphy Report. Mentioned in this episode: Details on Nelson Nash’s farewell seminar August 13, 2016 in Nashville at: http://threeccorp.com/Portals/threeccorp/Archives_PDF/NASH-SEMINAR-BROCHURE.pdf ..read more

Carlos and Bob explain the basics of policy loans, and what Nelson Nash means by “playing honest banker” with your system ..read more