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A Short Case For the Infinite Banking Concept

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Tags Money and Banks

12/07/2019Robert P. Murphy

Along with Carlos Lara, David Stearns, and the late Nelson Nash, Bob Murphy has been heavily involved in educating the public and financial professionals about the Infinite Banking Concept (IBC). This is a process of using a dividend-paying Whole Life policy as a cash management tool, to “become your own banker” (in Nelson’s famous words). Bob gives the quick explanation of how this works.

For more information, see BobMurphyShow.com. The Bob Murphy Show is also available on iTunes, Stitcher, Spotify, and via RSS.


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Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of many books. His latest is Contra Krugman: Smashing the Errors of America's Most Famous KeynesianHis other works include Chaos Theory, Lessons for the Young Economist, and Choice: Cooperation, Enterprise, and Human Action (Independent Institute, 2015) which is a modern distillation of the essentials of Mises's thought for the layperson. Murphy is co-host, with Tom Woods, of the popular podcast Contra Krugman, which is a weekly refutation of Paul Krugman's New York Times column. He is also host of The Bob Murphy Show.

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