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Episode 69: IBC and the Business Owner, Part 2 of 3
Manage episode 307189380 series 3007095
Indhold leveret af The Lara-Murphy Report. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Lara-Murphy Report eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Carlos and Bob continue with their 3-part series explaining Austrian economics and IBC specifically for the business owner. The series is tied to the upcoming IBC Business Owner Seminar to be held on May 10, 2019, in Nashville, TN. In this episode, Bob explains the significance of the inverted yield curve, and ties it to standard Austrian business cycle theory. Carlos explains why the business owner would typically want to own an IBC policy in his or her own name, rather than being owned by the company.Mentioned in this episode: The IBC Business Owner Seminar on May 10, 2019, in Nashville. Academic articles explaining the yield curve inversion's ability to "predict" recessions. A CNBC story explaining that the yield curve inverted in late March.The audio production for this episode was provided by Podsworth Media.
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89 episoder
Manage episode 307189380 series 3007095
Indhold leveret af The Lara-Murphy Report. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Lara-Murphy Report eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.
Carlos and Bob continue with their 3-part series explaining Austrian economics and IBC specifically for the business owner. The series is tied to the upcoming IBC Business Owner Seminar to be held on May 10, 2019, in Nashville, TN. In this episode, Bob explains the significance of the inverted yield curve, and ties it to standard Austrian business cycle theory. Carlos explains why the business owner would typically want to own an IBC policy in his or her own name, rather than being owned by the company.Mentioned in this episode: The IBC Business Owner Seminar on May 10, 2019, in Nashville. Academic articles explaining the yield curve inversion's ability to "predict" recessions. A CNBC story explaining that the yield curve inverted in late March.The audio production for this episode was provided by Podsworth Media.
…
continue reading
89 episoder
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1 Episode 89: The Fed Just Lost a Trillion Dollars--Should We Care? 34:32
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Bob and Carlos discuss a recent Mercatus Policy Brief that documents how rising interest rates have caused the Fed to lose a trillion dollars in the value of its assets, and is now technically insolvent. Does it matter?

1 Episode 88: Is the United States Hopeless at This Point? 34:42
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Prompted by an email, Bob and Carlos acknowledge that yes, things look pretty bleak right now, both financially and culturally. But there is still cause for hope. The worst thing to do right now would be to give up.

1 Episode 87: Is the US in a Recession or Not? Making Sense of the Numbers 40:52
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Bob and Carlos discuss the oddities in the official numbers, which show low unemployment but also low labor participation, and how the statistics don't match their personal observations.

1 Episode 86: The Fed Is Officially Bankrupt--Should We Care? 38:45
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Bob and Carlos discuss a recent article in The Hill, which explains that rising interest rates have rendered the Fed technically insolvent.

1 Episode 85: How Is Today's Economy Like the 1970s? 37:51
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Bob asks Carlos to recount his own financial struggles as a young businessman in the late 1970s, when price inflation and interest rates skyrocketed. This painful episode ultimately led Carlos to discover Austrian economics.

1 Episode 84: Is a Recession Coming? Listen to the Austrians 41:23
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Carlos and Bob discuss the views of some prominent economists on whether a recession is baked into the cake. Contrary to even free-market members of the Chicago School, the Austrians know it's not just a matter of money supply growth. During the boom, there were real malinvestments, and these must be liquidated in a bust. Mentioned in this episode and other links of interest: The Fortune article on Steve Hanke and his views about recession. Bob’s journal article with Ryan Griggs on the inverted yield curve and Austrian business cycle theory. “The Foundations of IBC” video series. John Exter and his pyramid asset analysis. Bob and Carlos' presentation, "How to Weather the Coming Financial Storms." Bob and Carlos’ book with Nelson, The Case for IBC . Their book, How Privatized Banking Really Works . The IBC Practitioner Finder . The audio production for this episode was provided by Podsworth Media .…

1 Episode 83: Will Inflation and Yield Curve Hurt Bonds and Ruin the Case for IBC? 46:56
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Carlos and Bob discuss inflation and whether it spells the doom of life insurance, and thereby ruins the case for IBC. They conclude that rising interest rates per se don't adversely impact life carriers, because of asset-liability matching. Moreover, when you practice IBC, you're not "investing in life insurance."…

1 Episode 82: How to Weather the Coming Financial Storms (Redux) 46:17
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Carlos and Bob revisit their September 2016 video presentation in which they lay out a 3-prong strategy to protect your household from economic calamity.
After a long hiatus, the Lara-Murphy Show is back! Bob and Carlos relay what's been happening in their personal lives and the world of IBC, and discuss the spiritual war that is currently ramping up.

1 Episode 80: The Hidden Forces Behind Our Slide Into Tyranny 45:51
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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.…

1 Episode 79: Does Fed Inflation Threaten IBC? 43:10
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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, The Case for IBC. 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 Fed’s latest emergency repo operations.The audio production for this episode was provided by Podsworth Media.…

1 Episode 78: On the Fed’s Emergency Actions to Stem Coronavirus Panic 32:44
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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 Fed's latest emergency repo operations.The audio production for this episode was provided by Podsworth Media.…

1 Episode 77: The 2020 IBC Think Tank and Outlook for the Future 33:23
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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.…

1 Episode 76: The Trump Tax Reform’s Impact on Charitable Giving, And Beto’s Threat to Churches 33:24
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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 insurance. The YouTube video of Beto O'Rourke.The audio production for this episode was provided by Podsworth Media.…

1 Episode 75: The Psychology and Economics of Recurring Financial Crashes 38:33
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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.…
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