Originally posted by David Merrill
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Life insurance ... is a commodity

Ironically enough, so is gold and silver .....
Life insurance as a private bank doesn't get around interest. Besides, all capital has a cost. Interest is the cost of capital or rather its employ.
Banking is not just an institution. Banking is a process and function.
Just as you focus on endorsement of private credit of the Feds, David, a person should be just as mindful (perhaps more so) of the contracts in any form that they endorse/indorse ......
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