Most people assume you need $20 million, a bank charter, a building, employees, and 10 years before a bank ever makes a profit.  But Nelson Nash reveals a far simpler way to create your own banking system, one that's been quietly working for over 200 years.

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In this episode, we break down how traditional banking REALLY works, why starting a bank is nearly impossible today, and why participating whole life insurance already has all the infrastructure you need to start your own personal banking system.

If you've ever wondered "How does Infinite Banking actually work?" this chapter explains everything.

🔑 Key Takeaways
◦ Why real banks require $20M+, a charter, and years before profitability
◦ How whole life insurance mirrors the structure of a bank
◦ Why capitalizing a policy is like capitalizing a business
◦ The BIG misconception about borrowing against end of life benefit
◦ How improper loan repayment can destroy your banking system
◦ Why new or startup life insurance companies are risky
◦ How dividends represent "excess energy" inside a mature insurance system

⏱️ Chapters
00:00 – Why Starting a Bank Takes 10+ Years
01:25 – Bank Charters, Capital & Liquidity Requirements
03:36 – How Life Insurance Companies Already Did the Hard Work
04:49 – Deposits, Loans & How Banks Really Operate
06:32 – The Midland, Texas Bank Failure (and the Lesson)
08:25 – Why Whole Life Is the Easier Banking System
10:21 – The Hidden Costs of Starting an Insurance Company
11:52 – Dividends Explained Through the "Energy" Analogy
12:41 – Is Infinite Banking Right for You?

📘 Want to Learn Infinite Banking?
Grab Become Your Own Banker and follow along chapter by chapter.
🔗 https://www.withoutthebank.com/produc...

Have questions? Drop them in the comments — we answer every one.

🔗 Links Mentioned
📘 Become Your Own Banker — Nelson Nash
👉 https://www.withoutthebank.com/produc...