The Arrival Syndrome – What is it and do you have it?

 

Page 34 of Becoming Your Own Banker is dedicated to The Arrival Syndrome.

The definition according to Nelson Nash is – “When this thing infects us, we stop growing, stop learning. We ROT!. We turn off or tune out our ability to receive inspiration – because we already know all there is to know!

 

One good thing that the financial bubble bust has improved is that fewer people now have the arrival syndrome when it comes to finances.

Too many people have lost a lot of their life savings and so have less faith in the “normal” expert financial advice that people have been fed for too long.

Before the bust, when things appeared to be going well, people were closed off from learning another way of building wealth. They felt they had arrived. They knew it all and I or others like me couldn’t possibly know of a better way.

Now, however, so many more people believe there has to be a better way and are open to listening to people like me who have found and are practicing a solution to the current financial turmoil, the solution that Nelson Nash wrote about in his book 10 years ago. However Nelson has been practicing this concept for a lot longer than that.

It is also written about in the How Privatized Banking Really Works.

Also, watch G. Edward Griffin’s video on The Birth of the Federal Reserve.

When you really think about it with an open mind, the facts are simple.

1. Banking is not taught anywhere, in any school, at any level.

2. Everyone learns banking from what banks advertise or directly tell them to do. So our education is coming from the banks themselves. Do you think they might tell us how to bank so it benefits their profits or ours? Sure, some people know more about banking than others but those who do know, usually don’t tell.

3. Most people believe banking is all about: paying bills, storing some savings and borrowing money.

a/ Cheque books and  debit cards, for paying bills.

b/ CD’s, Money Markets and saving accounts for easy saving of money. Savings accounts for easy access and CD’s for longer term with a higher interest rate savings.   See here for more info. about the current guarantees of the FDIC.

c/ Borrowing money for big ticket items, or business cash flow, because their savings are tied up some place else and are not accessible or they do not want to touch them in case they need cash flow in the future.

4. Most people believe bank’s profits are determined by the few percent difference between the savings account interest rates and the lending interest rates because they have never learned about VOLUME and VELOCITY in banking which is where the profits truly lie.

5. Most people believe one has to invest in something to earn big profits. Very few understand that financing through your own bank instead of someone else’s bank is more lucrative with the least amount of risk and has the most tax advantages than any other method of wealth building.

6. Most people think banks invest to make their profits but in reality they lend instead. But if you deposit $100 into your account, they can lend $1,000.

7. Most people think the bank vault holds all the cash that is held in the savings accounts. Do a test. Go and ask your bank for a $10,000 withdrawal from your account in cash. Obviously you need to have $10,000 in your account to be able to but if you do, see if they can give it to right then and there or whether they would have to order it and you would have to wait a week before they could give it to you.

8. Most people think banks lend their own money to borrowers but in reality they lend the savers and depositors money to borrowers.

9. Over the few years of this financial downturn, our local bank, which opened in 1993,  has opened over 5 new branches in surrounding areas. It has grown to eleven branches. What does that tell you?

Read the two books that I have linked to above and then call me so I can show you what owning your own private banking system can do for you. And how you can velocitize your money like the banks are doing right now with your money.

Jennifer Hansen

845-649-7487

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February 6, 2011 · Jennifer · No Comments
Posted in: Arrival Syndrome, BANKING with INSURANCE

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