This was best said by Sam Walton. He said that it was not capital that was scarce but vision. John Adams, who was the sixth president of the United States had one time said:

All the perplexities, confusion and distress in America arise from downright ignorance of the nature of coin, credit and circulation.

Even today, people are still quite perplexed by this very thinking that he established in the statement that he made in 1829. All of this commotion is basically because the public does not really know how the banking system works. This isn’t something that you should be surprised by. The disease that is money and banking is found everywhere in the United States. A popular economist, J. M. Keynes, felt:

There is no subtler or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which only one man in a million is able to diagnose.

If keynes, who was a well reputed economist in his days, felt that only one person out of every million would actually be able to notice this as a problem. Therefore you should not be too angry at yourself for not being able to notice the problem that is there. You should instead look deeper into reality in order to learn the facts involved and stop throwing away your money.

You should honestly look at the situation that is in front of you. You never fail to give away thirty to fourty percent of every dollar you earn in the form of tax. The main reason for this is the financing that you get for all that you purchase. Look at it this way, you either pay to others interest so that their money is accesible to you or you lose any interest that you otherwise would have earned from the money you have. No matter which way you choose you will be defeated. This is what the banking equation says.

But, this does not necessarily have to be the case. There have been many instances where it has been proved that life insurance cash values have really helped people when they use it for personalized banking. When you become a banker for yourself, you are using the concept of infinite banking that was stated by R. Nelson Nash. He felt that your own debt can be capitalized just like in the financial institutions and banks do for you. The only difference will be that you will gain instead of them.