Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 397: Can You Bank On Yourself® with over 200 Rental Properties? with Bryan Powers and Ben Berry

April 11, 2025 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_397.mp3

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In this episode, we ask:

  • What about getting started?
  • Who is Bryan Powers?
  • Who is Ben Berry?
  • What is Bryan’s story?
  • What do they love about Bank on Yourself® type whole life insurance policies?
  • How have they used their policies so far?
  • What are some problems with borrowing money from the SBA?
  • Is it compounding?
  • Can you see a new perspective?
  • How would it feel to discover an extra million?
  • What leads to a whole lot less financial stress?
  • What about retiring early?
  • What about the ongoing relationship?
  • How about the next generation?
  • What about adjusting as life happens?
  • What about reaching financial milestones without taking unnecessary risk?
  • What about resilience?
  • Who wins? …the banks?
  • How did Menard’s emerge as a giant?
  • What are Bryan’s aspirations with his policy?
  • How is this different from a self-directed IRA?
  • Would you like to listen to Episode 209?
  • Would you like to text Ben at 563-570-2367?
  • Would you like to email Ben at bencberry@gmail.com?
  • What principle would Bryan leave for his kids?
  • What are the takeaways?
  • What is the most important thing?
  • Doesn’t it make sense to build the foundation first?

Ben Berry is a financial strategist dedicated to empowering individuals and businesses to achieve financial control and stability. Recognizing the limitations and volatility of traditional investment and retirement planning, Ben and his wife, Erica, embarked on a decade-long exploration of more ethical, rational, and reliable wealth-building methods. This pursuit led him to develop strategies focused on predictable, long-term growth, independent of market fluctuations.

As a Bank on Yourself® Professional and licensed insurance agent, Ben is the owner of Berry Financial Services in Fayetteville, Arkansas. He specializes in crafting personalized financial strategies that diverge from conventional approaches offered by stockbrokers, lawyers, and other financial advisors. His expertise encompasses a range of solutions, including strategic real estate investments, effective college funding strategies designed to minimize financial burden, and the development of secure, lifetime retirement income plans.

Ben works with clients seeking predictable wealth accumulation and financial self-sufficiency, with a particular focus on generating tax-free retirement income. He provides proven, tax-efficient financial solutions designed to help clients regain control of their financial destinies and achieve their long-term financial goals.

Bryan Powers has been an entrepreneur since 2000, owning a recording studio, a live music venue and a couple of restaurant franchises to include Lenny’s Sub Shops and McDonald’s.  In 2013, Bryan started Family Home Solutions, a Real Estate Investment Company that expanded into a Local Property Management Company, Realty Brokerage and a Real Estate Acquisitions and Dispositions company.  Powers currently shares ownership in over 200 single family rental units and AirBnb properties in 3 states as well as a 356-bed student housing apartment syndication.  In 2018, Powers co-created the Angler Aid Brand, a fishing first aid and safety company that is now widely distributed online and through Bass Pro Shops.

Since 2023, Powers is co-owner of the Mobility City franchise markets in Southwest Missouri and Arkansas.  Mobility City is a Boca Raton based franchise system that has quickly become Southwest Missouri’s Premiere Mobility Products store and has plans to open a second location in Northwest Arkansas by May of 2024.  Bryan has also served on the board of two local non-profit organizations as well as serving on the advisory council of 2 national franchise systems.

Bryan is a Husband, Father of 3, and Grandfather of 1 and loves time at the lake with family, travel, and music composition.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_397.mp3

Episode 391: Bank On Yourself® In Action: Real Life Business Case Studies

February 28, 2025 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_391.mp3

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In this episode, we ask:

  • Would you like to listen to Episode 388?
  • What are the challenges faced by most entrepreneurs?
  • How is this playing itself out in the real world?
  • How about guarantees?
  • How about liquidity?
  • How about more success?
  • What challenges would this solve?
  • How can business owners level up their cash flow?
  • What do Bank on Yourself® type whole life insurance policy offer business owners?
  • What about lines of credit?
  • Are the banker’s trophy catch?
  • What about paying the interest?
  • What about times of business downturns?
  • What are the limits of lines of credit?
  • What about collateralization?
  • What about interest rates?
  • What about compliance?
  • How about a case study?
  • Is it worth the risk?
  • What is the insurance company contractually obligated to do?
  • What is the top ten list?
  • How about a guaranteed interest rate?
  • What about credit checks?
  • What about your credit score?
  • What about repayment terms?
  • What about loans being called?
  • What about tax-free access to funds?
  • What about the dual benefit of insurance and savings?
  • What about protection against market volatility?
  • What about compounding interest working in your favor (not the bank’s)?
  • What about estate preservation?
  • How might having a guaranteed line of credit help you and your business?
  • How about another case study?
  • What about inventory financing?
  • What about the fourth quarter and the Q4 rush?
  • What about another business case study?
  • What’s the catch?
  • What are the considerations?
  • What about paying off the loan?
  • What other major expenses are in your business?
  • How about this case study?
  • What about paying the tax payment from a policy loan?
  • What about paying off policy loans with windfalls?
  • What is thrilling?
  • How much?!
  • What are the takeaways?
  • Would you like to meet with Mark or one of Mark’s associates?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_391.mp3

Episode 374: [Client Spotlight] Bank On Yourself® and Austrian Economics with Max Brusky

November 1, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_374.mp3

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In this episode, we ask:

  • Can you imagine…?
  • What is Austrian Economics?
  • Who is Max Brusky?
  • What is Max’s podcast about?
  • Would you like to hear the BuckAround Podcast?
  • What happened to Max in downtown Chicago?
  • What happened at the Mises Circle event?
  • What is the relationship between Austrian Economics and Bank on Yourself?
  • Who is Ludwig von Mises?
  • What about Mises’ books, Theory of Money and Credit (1912) and Socialism (1920)?
  • What about sound money?
  • What is considered a store of value?
  • What about lending money?
  • What is the purpose of the central bank?
  • Is it a quasi-government agency?
  • Who appoints the central bank’s governors?
  • What is money? What is credit?
  • Who controls the money supply?
  • What leads to inflation?
  • What leads to improper business signals to investors and creditors?
  • What is a good interest rate?
  • Who sets the interest rate?
  • What is the Austrian Business cycle?
  • What is the boom / bust cycle?
  • What happens when the money is cheap and free?
  • What happens when bad decisions get subsidized by more money?
  • What does Mark have?
  • Do the Austrians have something to say about what’s going in our world right now?
  • Would you like to visit mises.org?
  • What about the Great Depression?
  • Would you like to read Murray Rothbard’s book on The Great Depression?
  • Who was Murray Rothbard?
  • What about human action?
  • Who are the Austrian economists?
  • What is the fix? Can anyone fix it?
  • What about Bitcoin and cryptocurrencies?
  • What about the various agendas?
  • Do you remember the sidebar blogroll?
  • What about various Austrian economist podcasters?
  • What about Keynesian economics?
  • What about course corrections?
  • What did Thomas Jefferson say?
  • How was Max lucky?
  • Who is Robert Murphy?
  • Who is able to opt out of that system?
  • What is designed to keep you in debt?
  • What about debt, on the bank’s terms?
  • What happens when you use the cash value as collateral on a policy loan for big purchases in Bank on Yourself® type whole life insurance policies?
  • What is the great dispossession?
  • Who gets paid last?
  • How is an insurance company’s contract different?
  • What about the history of the contract?
  • What are the benefits of whole life insurance?
  • How does the death benefit make a big impact?
  • How has Max used his policies?
  • How about loaning money to kids for college?
  • What about having skin in the game?
  • What about the honor of paying back your debt?
  • What about paying tax?
  • What about donations?
  • How do the college loan repayments contribute to the kid’s inheritance?
  • What is a racket?
  • What are some creative ways to set up kids for success?
  • Would you like to visit mises.org?
  • Would you like to visit aier.org?
  • What are the takeaways?

Max Brusky is an attorney specializing in civil litigation, particularly insurance defense, coverage, and subrogation. He is currently an “in-house” and Claims Director for a national trucking company. He is a happy husband to a happy (and brilliant, and understanding) wife, and the proud father of two, one in college, one almost in college. He currently lives in Chicago’s far west suburbs, but still considers himself a Wisconsin expatriate.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_374.mp3

Episode 369: Money, Emotional Intelligence and Mr. Rogers with CFO David Richter

September 27, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_369.mp3

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In this episode, we ask:

  • Do you remember Mr. Roger’s lessons?
  • How might the Profit First system work with real estate investing?
  • Who is David Richter?
  • What about great role models?
  • What about emotional intelligence?
  • What is key for business owners?
  • When did David’s first deal happen?
  • What happened to that company?
  • What happened when David moved across the country?
  • What about make, spend and keep?
  • What is a fractional CFO company?
  • Would you like to hear Amanda Neely on Episode 165?
  • Have you played the cash flow game?
  • Who is living deal-to-deal?
  • What about paying yourself first?
  • What is Profit First in a real estate investing context?
  • What is the biggest challenge for real estate investors when it comes to making a profit?
  • What about the culture’s drive for more, more, more?
  • What about making money and keeping it?
  • What game are you playing?
  • How do Bank on Yourself® type whole life insurance policies take it a step deeper?
  • What are some examples of quarterly and annual accounts?
  • What fits right in?
  • What turbo-charges Profit First?
  • What about the legacy play?
  • What about saving?
  • What can business owners do to start?
  • Do you have a handle on your cash?
  • What about the Profit First cheat sheet?
  • Can you learn to keep it?
  • How does following simple systems change everything?
  • Would you like to visit simplecfo.com/gift ?
  • What are the takeaways?

David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and other exit strategies.

David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages.

David authored Profit First for Real Estate Investing – a derivative of the original Profit First by Mike Michalowicz, tailored specifically to Real Estate Investors. His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_369.mp3

Episode 367: A Bank on Yourself® Manifesto with Dave Bonnemort

September 13, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_367.mp3

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In this episode, we ask:

  • Would you like to hear Part 1 with Dave Bonnemort?
  • What about mindset?
  • What about cash value life insurance?
  • What is the point of all of this?
  • What about building capital?
  • Can you do hard things?
  • What’s Dave’s experience with his policies?
  • What about thinking long range?
  • Do you want a million dollars today or a penny that doubles every day?
  • What about dividends?
  • What was Nelson Nash pounding the drum about?
  • When do you want your money to be most efficient?
  • How does the Bank on Yourself® or Infinite Banking strategy fit into the E.S.I. framework we talked about last week?
  • What about warehousing your wealth?
  • What about emergency funds?
  • What about starting a business and access to opportunity funds?
  • What about looking at the flow of money?
  • What about the Profit First book?
  • How does Dave pay his taxes?
  • How does Dave protect the family and the business?
  • What is the Augusta rule?
  • What about paying for college and beyond?
  • What about saving to drive the efficiency of the dollars?
  • What about real estate, crypto or starting a business?
  • Does the choice have to be either/or?
  • How is life insurance an “and asset”?
  • How do the tax dollars pay for the life insurance premium?
  • What did Dave learn from Nelson Nash?
  • What about insurance as an asset class?
  • How did Dave choose to work with Mark?
  • Do you build capital in an investment?
  • Who gets burned?
  • What about ruminating over all of the information, to really absorb and learn it?
  • What about being more strategic?
  • What about paying a simple interest rate back to the insurance company?
  • What about having capital for opportunities?
  • What about getting better terms for cash (vs. financing)?
  • What about the example of the two sisters: the life insurance sister vs. the C.D. sister?
  • Why are books so important and so much better than social media?
  • What will take time?
  • What is a 30 year journey and process?
  • Who understands how to handle lump sums?
  • Who is willing to hustle and grind?
  • What are the strategies you can employ when you can’t pay a premium?
  • What about thinking long term?
  • Would you like to hear Episode 95 and Episode 96?
  • How might life insurance figure into your overall situation?
  • How might it be a safety net as well as accessible capital?
  • How might patience lead to exponential growth over time?
  • What about talking with your family to teach financial concepts in a practical way?
  • Would you like to meet with Mark?

Dave Bonnemort is a current client and active practitioner of the Becoming Your Own Banker concept, as well as a husband to an amazing wife and father to three incredible kids.

He makes his living as a small business owner, is a student of Austrian economics, and a personal finance junkie.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_367.mp3

Episode 366: From Mowing Lawns to Mastering Money with Dave Bonnemort

September 6, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_366.mp3

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In this episode, we ask:

  • Does X mark the spot?
  • Who is Dave Bonnemort?
  • How did Dave get his start?
  • How many policies does Dave and his family own?
  • What is the E.S.I. framework?
  • What about earning?
  • What about saving?
  • What about interest?
  • What about banking?
  • Who is good at at least two of the three?
  • What about investing in yourself and your health?
  • What about education?
  • How might we bring value to others?
  • What have you done to help keep up with inflation?
  • What is the difference between saving and investing?
  • Is a 401(k) saving or investing?
  • What about the book Becoming Your Own Banker by Nelson Nash?
  • What about keeping your debts low?
  • What did Charlie Munger say?
  • What about Willie Sutton’s law?
  • What about the changing rules?
  • Have you looked at the history of taxes?
  • Where are the big payouts?
  • What about risk?
  • What about the likelihood of loss vs. the likelihood of winning?
  • What about volatility?
  • What about saving and building capital?
  • What about being broke as a joke?
  • How did Dave 10x some of his money?
  • Who knows better (what to do with your money)?
  • What about banking, rate and volume?
  • What are the two businesses?
  • How about patience and hard work?
  • What about the mindset?
  • What are the ugly, painful, grinding years?
  • What about the capitalization phase?
  • How is this like starting a tree farm?
  • What about the loan phase?
  • How much money do you bring in every month?
  • What dollar amount do you bring in as loans?
  • What if you were paying yourself back (for loans) and recapturing that interest instead?
  • Would you like to hear Part 2 with Dave next week?
  • What are the takeaways?
  • What about the need to have accessible, liquid capital?

Dave Bonnemort is a current client and active practitioner of the Becoming Your Own Banker concept, as well as a husband to an amazing wife and father to three incredible kids.

He makes his living as a small business owner, is a student of Austrian economics, and a personal finance junkie.

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_366.mp3

Episode 357: Mastering Your Financial Future – Strategies for Wealth Building with Grant Thompson

July 5, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_357.mp3

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In this episode, we ask:

  • What if…?
  • What if you could be the master of your financial domain?
  • Who is Grant Thompson?
  • Would you like to hear Episode 208?
  • When was Grant’s “aha” moment?
  • What really works with money?
  • What is the right thing?
  • What is the truth?
  • What should we be doing?
  • What do you want?
  • How about a story?
  • What will be your exit plan?
  • What did Nelson Nash say?
  • Is it true or false?
  • Can they prove it?
  • What about shame?
  • What about social media?
  • What was Nelson like?
  • Would you like to hear Episode 95?
  • Would you like to hear Episode 96?
  • What about the Austrian economists?
  • What about teaching the process of the banking function?
  • Have you read the Creature from Jekyll Island book?
  • What about getting to 10%?
  • What economic system works?
  • What systems don’t work?
  • What do you have to wait for?
  • Who can opt out of the banking system?
  • What would change?
  • How would credit card companies be impacted?
  • How would marriages be impacted?
  • How would student loan companies be impacted?
  • What about creating your own private financial system?
  • What about tax efficiency?
  • What about safety?
  • What about growth?
  • What are the other benefits?
  • What about taking care of your family?
  • What about taking care of charities?
  • What about the rate of return?
  • What is the amount of money going out the door?
  • Who is making a ton of money?
  • What are the four places money can go?
  • How much income is going to debt?
  • Can you cut your spending by 10%?
  • How much money are you hanging on to?
  • Who has the most money?
  • What about control?
  • What will stabilize everything?
  • What about passive income?
  • How do you want it?
  • What are we missing?
  • What about rethinking thinking?
  • What about Ted Benna, the father of the 401(k)?
  • What about key executives?
  • What about employee benefit plans?
  • Who else is doing this?
  • What is the truth? What is real?
  • How about success?
  • Are people happier with guaranteed lifetime income?
  • Who are you listening to?
  • What is the best thing to do?
  • What about greed and fear?
  • Who are the right people to help you do it right?
  • What about taking some time to investigate it?
  • What did Thomas Edison say?
  • What about truth being dressed in overalls and looking like work?
  • Is it easier to believe the lie?
  • Would you like to visit thompsonthurman.com?
  • Would you like to call Thompson & Thurman at 806-352-3480?
  • What are the takeaways and action items?

Grant Thompson works with families and their businesses nationwide. The Thompson & Thurman Agency works with families who share in their vision and want to become financially set for life without taking unnecessary risks. With so much misinformation in our financial world today, families really need guidance and direction to find the true path to financial freedom. Grant, Chris and their team of trusted advisers nationwide have are leading the way to meet that challenge. Grant is married to his wife Kathy and they have 2 sons Blair and Blane along with his wife Brittany. Grant enjoys spending his spare time with his family at reining and cow horse competitions plus trying to squeeze in a shooting competition every now and then with his sons. thompsonthurman.com

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_357.mp3

Episode 333: [The Periodic Table of Abundance] No.4 Secrets of Leverage Using Insurance and Banking

January 19, 2024 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_333.mp3

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In this episode, we ask:

  • Can information alone change your financial future?
  • Would you like to check out our FREE Not Your Average Financial Community?
  • Have you listened to the previous episodes in this series?
    • Would you like to hear Episode 330: No.1 Scaling Up and Overcoming Adversity?
    • Would you like to hear Episode 331: No.2 Money Team, Family Finance and Estate Planning?
    • Would you like to hear Episode 332: No.3 Liquidity and Cash Flow?
  • What is the essential nature of insurance?
  • What is the cost of insurance?
  • What creates peace of mind?
  • What is the purpose of all of this?
  • What outcomes would you like?
  • What about guarantees?
  • What are the different types of insurance policies?
  • What about health insurance?
  • Who has medical bills?
  • Why have health insurance?
  • What about the alternative?
  • What are the typical costs?
  • What about being uninsured?
  • What is the leading cause of bankruptcy in the U.S.?
  • What is the health insurance marketplace?
  • What about healthcare sharing ministries?
  • Would you like to hear Episode 170?
  • Would you like to hear Episode 224?
  • What about property and casualty insurance?
  • What is the average claim?
  • What could protect you from financial ruin?
  • What about auto insurance?
  • What about umbrella insurance?
  • What is coverage?
  • What is a deductible?
  • What about self insurance?
  • What about life insurance?
  • What happens upon death?
  • How will your family afford the costs when you’re gone?
  • What about cheap term insurance?
  • What about group life plans through employers?
  • What about getting insurance that meets your needs?
  • What does banking have to do with life insurance?
  • Who was Nelson Nash?
  • What will you buy in your life?
  • What about your need for today’s financing?
  • How will you pay for that?
  • What is Bank on Yourself®?
  • What about living benefits?
  • What if you didn’t have to rely on banks?
  • What about retirement?
  • What about the function of banking?
  • What is fractional reserve banking?
  • How about an example?
  • What is the money multiplier effect?
  • Is this magical?
  • What are the downsides?
  • What happened in 2020?
  • What are the reserve requirements now?
  • What happened to the reserve?
  • What about insolvency and fragility?
  • What about the FDIC?
  • What percentage of deposits are backed up by FDIC?
  • Would you like to hear Episode 299 to learn more about the FDIC?
  • What about spending and debt?
  • What causes financial stress?
  • What is the average American debt?
  • Is paying cash the answer?
  • What do we do here?
  • What about the Bank on Yourself® strategy?
  • What about leverage?
  • What about private lending?
  • Would you like to hear Episode 331?
  • So what?
  • Are your life insurance policies properly designed and up to date?
  • What about an inventory of your own debt?
  • Would you like to explore the Bank on Yourself® strategy deeper?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_333.mp3

Episode 306: How to Turn Financial Turmoil into Your Opportunity

July 14, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_306.mp3

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In this episode, we ask:

  • Would you like to watch selected clips from us on YouTube?
  • What is happening with the banks and the FDIC?
  • What about non-bank banks?
  • How much uninsured assets are held in these non-bank banks?
  • Have you read David Graeber’s book, Debt: The First 5000 Years?
  • How much wealth has debt created?
  • Who is positioned to profit?
  • Who is gobbling up the little banks?
  • What is the exact issue?
  • What about fractional reserve banking?
  • Are we encouraged to speculate?
  • Who is ready to opt out of this madness?
  • What is the business of banking?
  • What is the business of life insurance companies?
  • How are the time horizons different?
  • How are the reserves on hand different?
  • What is the worst thing to happen to a banker?
  • What is the best thing to happen to an insurer?
  • Are you a year older?
  • Will you take that deal?
  • What are the insurers obligated to do?
  • Where will you park your savings?
  • What is contributing to the problem?
  • What if fractional reserve banking evaporated?
  • What would make the financial system more stable?
  • What about private lending?
  • What about dreaming of what the world could look like?
  • What could reduce stress?
  • What about the mortgage industry?
  • What would lead to more responsible lending practices?
  • Who needs an auto loan anyway?
  • What other benefits could surface?
  • Who is opting out?
  • How do Bank on Yourself® type whole life insurance policies reduce stress?
  • What about an example?
  • What about overdraft fees?
  • What about bridge loans?
  • Do you have to wait?
  • Can you choose to opt out?
  • Would you like to meet with Mark to discuss your specific situation?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_306.mp3

Episode 299: Why the FDIC is NOT Your Superhero

May 26, 2023 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_299.mp3

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In this episode, we ask:

  • What’s that up in the sky?
  • Can the FDIC keep your money safe?
  • Who relies on this great institution?
  • Who can rest easy?
  • Wait?!
  • Who is breaking a sweat?
  • What would happen in a sudden wave of bank failures or sudden financial crisis?
  • What about times of financial stress?
  • How might this pose a BIG risk?
  • What about exposure?
  • What about protecting depositor funds?
  • Is this superhero up to the challenge of the current economic climate?
  • What is the Federal Deposit Insurance Corporation (FDIC)?
  • What happened earlier this year?
  • Where did the money come from?
  • Who funds the FDIC?
  • What happens to the yield?
  • Who is the US Treasury?
  • How many banks are in a precarious position now?
  • Is there any end in sight?
  • What has happened as interest rates have risen?
  • What about fractional reserve banking?
  • What about a credit crunch?
  • What about regional banks?
  • How many funds will be protected?
  • Where are people moving money?
  • Where will the government get the money to guarantee deposits?
  • What if you only got 1% of your money back in the event of a collapse?
  • What about the bank lobby?
  • What is book value?
  • What is market value?
  • What is fractionalized methodology?
  • How are bank reserve regulations different from insurance reserve regulations?
  • How are insurance companies regulated?
  • What does NAIC say about reserves?
  • Why do insurance companies need much larger reserves?
  • Do insurance companies have an enormous edge over banks?
  • Would the government step in and cover your deposits?
  • Who decides?
  • Who is systemically important?
  • What about lending?
  • What did Mark Twain say?
  • Is it raining?
  • What can we do about this?
  • What is within our control?
  • Who is your superhero?
  • What happens with policy loans when banks are in crisis?
  • Who wants to become their own source of financing?
  • What are the takeaways?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_299.mp3
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