Page 11 - Becoming-Your-Own-Banker-R-Nelson-Nash

PART I

BECOMING YOUR OWN BANKER

Someone made the Nonsense! It is all part of a system. Observe
comment that “If some that about 75% of the Earth’s surface is covered
authoritative power by water. The sun heats it up and some of it evapo-
distributed all the rates into the atmosphere causing wind currents.
money in the world The currents take the water vapor around the earth
equally among all the and it precipitates out in the form of rain, sleet and
people in the world, snow—and somewhere along the way some of it
within ten years time flows through you and me. Without it we die! That
97% of all the money would be under the control makes it of vital importance. Pray tell, where does
of 3% of the people.” I suppose that there is no it end up? Right! Back in the oceans!
way to ever measure the validity of such a The banking business is somewhat like that.
statement, but I have the feeling that most people Money flows from the pool through our hands to
would agree that it is probably close to the truth. meet our needs—but somewhere in the process it
Even if the proportions were somewhat all ends up back into the banking system. It is all a
moderated—say 75% of the money would be under matter of “how much of the banking function do
the control of 25% of the people—why do you think you control as it relates to your needs.” This book
that this phenomenon happens? is all about how to create your own banking sys-
Perhaps some of the answer lies in the fact tem so that you can control 100% of your needs.
that most folks know next to nothing about the pro- Becoming your own banker! Give it your close at-
cess of banking and its importance to their lives tention and it can make a radical improvement in
and their well being. Banking is the most impor- your financial future.
tant business in the world! Without it, all business
comes to a screeching halt. Whenever a business
transaction takes place, money must flow from one
party to another in a relatively short time or, other-
wise, nothing takes place. That flow of money must
come from a supply source, a reservoir. That is the
essence of what the banking business is all about;
some one or some organization has control of a
pool of money that can (and must) flow, at a cost,
to meet some need.
There is only one pool of money in the world.
The fact that this pool is managed by any number
of institutions: banks, insurance companies, cor-
porations, and individuals in various countries with
various currency denominations is incidental. To
argue otherwise would be the equivalent of some-
one looking at the globe and observing that the
Amazon River in South America flows into the
Atlantic Ocean and commenting that “this has noth-
ing to do with the Indian Ocean on the other side
of the globe.”

R. NELSON NASH 11