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

Is 'borrowing your own money' a total misconception?

22 Mar 2026 · 1 min

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In this short commentary, the speaker challenges the common misunderstanding of the term “loan” by arguing that one cannot logically borrow one’s own money and pay interest on it. He points viewers to a specific book, urging a deeper read, and highlights that the book’s numerical tables—specifically the “D&E” figures—clearly demonstrate the flaw in the misconception. The speaker’s experience with quantitative analysis made the contrast in those numbers stand out, convincing him that the book’s argument is correct.

Chapters

Like it says in the book, it's the misconception of the word loan. Why would I borrow my own money and pay interest on it? Well, you should read a little deeper into the book then. The numbers are all there. Just look at D&E in the book and they'll, they'll tell you the bottom line. You know, there's one line there shows the difference in the numbers and it speaks for itself. And I think that having some experience with looking at numbers, that jumped out at me. It kind of sold me on it.