021 - The Golden Rule (BYOB Pt 2)

Sound Banking: An IBC Podcast

In this episode, Kyle and Raymond discuss the golden rule, which states that those who have the gold make the rules. They explore the advantages and disadvantages of having capital and how it can give individuals control over their lives. They also emphasize the importance of saving and accumulating capital to avoid being at the mercy of others. The conversation touches on the founding fathers' desire for freedom and the need to take responsibility for our own financial well-being. They discuss the practical application of the golden rule in various scenarios, such as purchasing a car or starting a business. The episode concludes with a reminder to respect and value capital.

---Resources---

Becoming Your Own Banker (InfiniteBanking.org)

FRED – Personal Saving Rate: https://fred.stlouisfed.org/graph/?g=580A

---Credits---

Kyle Reese: https://createtailwind.com/

Raymond Ward: https://www.calendly.com/meet-with-ray-ward

Intro & Outro Music: Just like the Sun, by Bonkers Beat Club acquired through epidemic sound

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