{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The Truth About Policy Loans, Dividends, & Inflation (Ep. 328)","description":"Most people think policy loans mean \u201cborrowing your own money.\u201d That\u2019s completely wrong, and it\u2019s costing them big. In this episode, Mary Jo breaks down exactly how policy loans work inside Infinite Banking and why understanding the difference can change how you build wealth. \ud83d\udc49 Follow Mary Jo Here: https:\/\/www.youtube.com\/channel\/UCXYvzroUouEMsTGKFw5nJHQ  \ud83d\udc49 Get the book: https:\/\/www.farmingwithoutthebank.com\/book  In this deep dive, Mary Jo explains why you\u2019re borrowing the life insurance company\u2019s money, not your own, when using policy loans, and how that lets your cash value keep earning uninterrupted compound interest and dividends. She also addresses common misconceptions some accountants have, what\u2019s actually deductible, and why using this strategy helps reduce inflation by keeping dollars out of the fractional-reserve banking system. If you\u2019ve ever wondered whether you \u201cpay to borrow your own money,\u201d this episode clears it up once and for all. \ud83e\udded Key Takeaways: \u25e6 You\u2019re borrowing against your policy, not from it. \u25e6 The interest goes to the insurance company, not back into your policy. \u25e6 You still earn compound interest + dividends while using that money. \u25e6 Accountants often misunderstand how policy loans and deductions work. \u25e6 Using Infinite Banking helps you leverage dollars and avoid inflating the currency. \u23f1\ufe0f Chapters: 00:00 \u2013 Welcome & Today\u2019s Topic 02:30 \u2013 The Big Infinite Banking Misconception 05:10 \u2013 Borrowing the Insurance Company\u2019s Money 08:30 \u2013 Accountants, Interest, and Tax Deductions 13:00 \u2013 How This Strategy Fights Inflation 16:30 \u2013 Uninterrupted Compound Interest in Action 19:00 \u2013 Why Understanding Leverage Matters 20:00 \u2013 Harvest Sale + Final Thoughts (Timestamps are from the video version. Audio-only edits are always shorter since they have had more fluff removed, so the timestamps are not accurate to this version.) \ud83d\udc4d Like this episode if it cleared up a myth about policy loans \ud83d\udcac Comment your biggest \u201caha!\u201d moment below \ud83d\udcf2 Subscribe for more Infinite Banking education and strategies \ud83d\udcda Mentioned Links: \ud83d\udcd8 Grab your book and check out the Harvest Sale: https:\/\/www.farmingwithoutthebank.com\/book  \ud83d\udce7 Contact Mary Jo with your questions: maryjo@withoutthebank.com ","author_name":"Farming Without the Bank Podcast","author_url":"https:\/\/www.farmingwithoutthebank.com\/","html":"