The Unseen of the Infinite Banking

By Andy Safa

A little over a month ago I had the great privilege of having dinner with R. Nelson Nash. If you have had this experience, you know what a treasure it is in the fact that when you are in Nelson’s presence, you always find yourself a better, more knowledgeable and creative person.

A lot of very interesting and mind expanding conversations took place, but a certain thing Nelson spoke about especially stuck with me and turned the brain switch on. It was regarding the unseen factors of a life insurance policy. Nelson was telling us the story of when he was involved in a great real estate deal where he was in need of immediate cash to settle it. As soon as he heard he went down to State Farm and asked for a policy loan. Forty-five minutes later Nelson had a check in that man’s hand and the deal was settled.

Nelson then spoke of something that rapidly got my attention. “You can’t see on a ledger”, he said “You have the seen, and then you have the unseen. Whole Life as we know it, has incredible and infinite utility that is limited only by the ingenuity and creativity of the individual who owns it. The purpose of this article is not only to point out the unseens of the product and the process, but also by shedding light on the unseen, I hope to expand the creativity of the individual who reads this. In order for me to achieve this, I must again look at this in a macroeconomic point of view.

If someone would ask me on the definition of economics, in a very short answer I would say The “Science of Scarcity”. At anytime we are considering utilization of a scarce resource we have purely an economic dilemma. Money is certainly a scarce resource. Now this does not mean that if someone has made someone has lost like the socialists believe. As Adam Smith said in the Wealth of Nations,

To Read Full Article Go to http://www.infinitebanking.org/BankNotes/2009-10.pdf

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