The Psychology of Debt with Infinite Banking vs. Velocity Banking - Road Noise with Hutch
In this 6th episode of "Road Noise with Hutch," Hutch discusses the hypocrisy of the "debt-free dream" and the common limiting beliefs surrounding debt, borrowing, and leverage.
Even though the tactics of Velocity Banking are efficient and superior to Dave Ramsey's envelopes or "Debt Snowball", the race to get out of debt can only get you back to even...then what? Hutch goes on to discuss the philosophical history of Infinite Banking (IBC) and Economic Value Add (EVA), both of which open the door to the mindset needed for privatized banking to build wealth.
Hutch also goes deeper into his “4D…
The skinny
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