Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

“INTEREST RATES Rise, Interest Rates Fall.”

8 May 2024 · 0 min

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A short conversational excerpt from a YouTube video in which Richard Canfield and another speaker discuss how new tax rules and changing interest rates affect banking, capital needs, and opportunities for private lending or secured lending. The speakers assert that banking processes continue regardless of rate movements and suggest the rules may enrich or accelerate banking functions.

The need of capital is still going to exist. And so things like private lending or taking security on those types of asset classes is going to become probably a higher demand area. Given these new rules, I could see that being. And so for someone who has readily available access to capital and understands how to take security, there might be some possible opportunities there. So it's good to look at where all the problems with this budget, but also it's nice to kind of where might some of the opportunities lie?
Again, Nelson said, interest rates rise, interest rates fall. I'll include tax, capital gain, inclusion rates rise, capital gain, inclusion rates fall. But the process of banking goes on.
No matter what and the need for it. And so the need for the banking function and the transactional aspect to those who have capital banks or bankers that have money saved in store to know how that process works. These rules essentially going to make bankers or the banking system more wealthy. It's turning the wheels of the banking system even further and it's actually going to expediate them to some degree because of the tax rules.