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Tuesday, March 26

"Why Nelson is an Heir to Menger" | Ryan Griggs | Nelson Nash Institute

"Why Nelson is an Heir to Menger"
 | Ryan Griggs | 
Nelson Nash Institute
Ryan Griggs






 

Published on Mar 26, 2019


 

I had the distinct honor of presenting from the main stage at the 2019 Nelson Nash Institute "Think Tank Symposium" for Authorized IBC Practitioners and their guests on Wednesday, February 6, 2019. My talk focused on Austrian Capital Theory as the founder of the Austrian School of Economics writes about it in his virtually unknown 1888 article "Zur Theorie des Kapitals." I'm introduced by Dr. Robert Murphy. I explain that Menger (1888) conceives of capital as a monetary, abstract, homogenous concept, in contrast to the heterogeneous, physical idea commonly attributed to him in contemporary Austrian Economics. I apply Menger's notion of capital to financial strategy in order to lay out what I believe is a distinctly "Austrian" approach to personal (and commercial) financial theory. Though most economists want their ideas adopted by politicians and bureaucrats, the ideas I present in this talk are best suited for adoption by the free and independent individual. If capital is distinct and important (which, if we are to believe Menger, it is), then our financial strategies and advice should directly address it. In particular, we should ask, "what is the best way to build and use capital?" Financial strategies -- including investment strategies -- that do not address this question are severely incomplete. Unfortunately, this is the state of affairs throughout the vast majority of the conventional financial advising industry. For a genuine alternative to mainstream financial advice, for a financial strategy that directly confronts the individual's "need for finance," as Nelson Nash puts it, we have to step out of the standard paradigm. If we do so, we cannot ignore Nelson Nash's Infinite Banking Concept (IBC) as first articulated in his book "Becoming Your Own Banker." Individuals interested in Austrian Economics, in particular, will want to pay special attention. I round out the discussion by calling attention to the theoretical importance of capital for the agent and the industry. See below for more of my work where I consistently expand on topics presented here. Thanks for watching and have an excellent day! My website | https://www.griggscapitalstrategies.com My blog | https://www.medium.com/@ryandgriggs My Facebook | https://www.facebook.com/griggscapita... My Nelson Nash Institute Authorized IBC Practitioner profile | https://www.infinitebanking.org/agent... "Banks lend money that does not exist and that is evil." - R. Nelson Nash

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Ronald Reagan

Are we Crazy? or Politically Correct? or both?

Congress is set to give legally protected status to 30 sexual orientations, including incest. Because of pressure from homosexual groups, Congress has refused to define what is meant by sexual orientation in H.R. 1913, the "Hate Crimes" bill. This means that the 30 different sexual orientations will be federally protected classes.
To see the orientations that will be protected by the Hate Crimes bill (H.R. 1913), click here.
You may be told this information is incorrect. If so, ask why then did the House Judiciary Committee refuse to define "sexual orientation?"

One Bad Man! - Must Be Thrown Out!

Governor Spencer of Greensboro NC. is a bad man and needs to step down or be thrown out of office. I never said he was a black man, I said he was a bad man. There is a difference and a thinking person can tell the difference. I bet that this Governor Spencer might not have a clue.
Click Here: http://www.myfox8.com/videobeta/20f26ef1-b1fc-43ab-ad77-3e41671d1966/News/Video-Shows-Punch-Thrown-at-Piedmont-Protest
or

* VIDEO: Why is Govenor Spencer of Greensboro, NC walking around free today? Unable to control himself when he crashed a peaceful, Tea Party Protest, he pushes a woman and then punches her husband, Nathan Tabor, in the face – all caught on video

Why does your Government keep getting it wrong?

Why does your Government keep getting it wrong?
Don't Tax Me BRO!

In 2004 Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam

You must let the Government plunder your goods!

The silent majority

Our own freedom and the American dream.

http://www.american-quotes.com/
---
Our own freedom and growth have never been the final goal
of the American dream. We were never meant to be an oasis of
liberty and abundance in a worldwide desert of disappointed dreams.
Our Nation was created to help strike away the chains of ignorance and
misery and tyranny wherever they keep man less than God wants him to be.
---
Lyndon B. Johnson

Climategate - To be Gored...


Israeli scientist denies global warming
Written by Robyn Rosen, Jewish Chronicle
Thursday, December 03 2009 13:12

http://physics.technion.ac.il/~site/news/news_images/Giora2.jpg


Professor Giora Shaviv


A leading Israeli scientist has renounced the concept of man-made global warming at a lecture given to the British Technion Society, just days before world leaders meet to discuss ways to halt it.
Professor Giora Shaviv, professor of physics at the Technion, claimed that the accepted level of carbon dioxide in the air is wildly exaggerated.
Prof Shaviv said that though for years the Intergovernmental Panel on Climate Change (IPCC) has claimed that an increase in carbon dioxide has led to an increase in temperature, in fact, the reverse is correct.
He argued that the movement of the sun affects temperature, which influences the levels of carbon dioxide, and that these levels have risen and fallen for centuries, even before mankind.
He said: “CO2 is not responsible for heating the earth, the cause is the activity of the sun which we cannot control.
“However we are responsible for our environment on earth, for the future of our grandchildren, and therefore, we should all still act responsibly.”
The lecture was attended by Benny Peiser, director of the Global Warming Policy Foundation, which was set up by former Chancellor of the Exchequer Lord Lawson to analyse global warming policies and its economic implications.
Dr Peiser, who was born in Haifa, said that too much money was being ploughed into climate change research and that politicians were stifling contentious research that opposed the commonly accepted views.
He said: “People talk about saving the world but no one crunches the figures. It has become an obsession and economic burden for many countries.
“There is a hysteria and exaggeration of the issue with people worrying that the end is nigh. People need to calm down. The reality is we haven’t got a clear idea what the climate is doing.
“Part of our agenda is that scientists like Professor Shaviv have to be allowed to research freely and without political pressure.”
Source
http://www.thejc.com/news/uk-news/24568/israeli-scientist-denies-global-warming


Climategate: This time Al Gore lied - Think Mental Illness

Lier Lier, Pants on fire

Don't be dumb... All scientists know Climate change is caused by WATER VAPOR

Obama is the grand leader of the whole world

Record Lies in Record Time - 7 lies in under 2 minutes.

I think this is a new world's record for a dirty, lying politician. Wow. Not one element of truth in there. Not one. Nada. Zip. Zilch.

Do any Americans even care?

Obama Obama

And He is now our President... Some facts are blury but acurate

I bet he will not eat them - green eggs and ham.

You know the President is telling a lie when he says something like this. "I hope we can build on the progress we made at last year's G20 summits by coordinating our global financial reform efforts to make sure a crisis like the one from which we are still recovering never happens again," he said on June 25th 2010. U.S. President Barack Obama gestures prior to a 2010 G8 Summit photo with the ''My Summit 2010 Youth'' at the Deerhurst Resort at Muskoka in Huntsville, Canada, June 25, 2010. REUTERS/Saul Loeb/Pool

O'Reilly Blasts Barney Frank On Fannie Mae Mess!... Dumb Ass

Barnie Barnie Barnie

Karl Rove - "Chris Dodd & Barney Frank Prevented Mortgage Reform"

The UN sucks your money up, up and away. $5,000,000,000 Yes That's "Billion" just last year.

Smack it to me