Chris Naugle
👤 PersonAppearances Over Time
Podcast Appearances
Absolutely.
So that's what these wealthy families knew.
So the wealthy family said, all right, well, we want to get some of our money in these giant institutions.
But you can't walk into a life insurance company and say, hey, I got some money.
I want to deposit it.
They're not a depository.
They're not a bank.
So how they had to do it is they had to manipulate and create a private banking system using a not so common but well-known product,
called whole life insurance.
Now, that is not a sexy product.
When I was told that from that guy Mike in my story, I'm like, are you kidding me?
That's the worst place you could put your money.
That's what I thought.
So when these wealthy families did that, they said, okay, there's got to be a way to construct the contract behind the life insurance, behind the whole life, so that it works for what we want.
And they figured it out.
It's a specially designed contract that they did.
Now, for generations and generations, most people will never figure this out.
What they said is we're going to change where our money goes first.
Instead of giving it to a bank that we don't control and the bank is going to take our money.
Real quick, I'm going down a rabbit hole, so let me bring it back out.