Saving—the concept of putting away a portion of what we produce in order to increase our means of production—has gone completely out of favor in the present century. Today we live in a world of only spending and speculation. In that sense Keynesianism has fully blossomed on a global scale.
At the February 2013 IBC Think Tank, the Infinite Banking Institute was launched. It was not a brand new entity, but instead it marked a more formalized structure through which Nelson Nash’s Infinite Banking Concept (IBC) could be communicated to the general public and the financial services industry.