Archive for the ‘Private Reserve Strategy’ Category

“Contrary to popular belief (and most economics textbooks), when banks make loans, they don’t dip into cash in their vaults… or into other customers’ deposits…  Instead, they loan new money into existence.” -Chris Lowe

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“The accumulation of money  (the act of banking) is a necessary function in our everyday lives. Without it there is no way we can enjoy the standard of living that is ours. But, as we have cited, the bankers have all but taken over the banking function in life and people have become ‘financial slaves’.” -Carlos Lara and Robert Murphy

Learn the Game

Posted: March 22, 2018 in Private Reserve Strategy
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“If you just learn to keep what you have, you are way ahead of the game.” -Nelson Nash

Banks are keeping billions of dollars from Americans…  Right now, according to the Financial Industry Regulatory Authority, about $350 billion is sitting in brokerage accounts earning an average of 0.12%. That’s about $420 million in interest.  But if all those people with that cash just sitting there moved it to an account earning 1%, the interest earning soars to $3.5 billion a year.  That’s like leaving nearly $3.4 billion in free money on the table.  Make your money work for you.  Stop letting these banks steal your interest.” -David Eifrig

“Why do we use money?…  the social function of money is to facilitate economic calculation.

Money cannot do this if its future purchasing power is subject to violent swings because of political intervention….  sound money has desirable properties such as a predictable purchasing power.” -Robert Murphy

“The inflation process is the increase of the money supply.” L. Carlos Lara

“The actual process of money creation takes place primarily in banks.” -Federal Reserve Bank of Chicago

More or Less

Posted: November 14, 2017 in Private Reserve Strategy
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“The more we have of something the less it is worth.” -L. Carlos Lara