Advertise on podcast: Remnant Finance - Infinite Banking (IBC) and Capital Control

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBEBrian joins from France, redeployed less than three weeks after coming home. In this episode, Hans argues that America hasn’t had a free market in decades. What we have instead is corporatism, where pharmaceutical and agricultural lobbies shape what we eat and what we’re prescribed. The second half turns to the riots in France and the mass migration behind them. Hans lays out the hierarchy of suffering, a framework he developed during two years at Harvard Kennedy School, to explain why the West’s leaders refuse to name what’s happening in their own streets. Chapters: 00:00 – Opening Segment 00:35 – Brian’s back in France 03:00 – Rushed out for a four-day weekend 05:00 – The military contracting grift 08:40 – What Europe does better 10:10 – Corporatism, not capitalism 18:00 – Pharma ads and vaccine schedules 21:50 – COVID as a marketing campaign 23:30 – 2008 and the uniparty 28:45 – Jalen Hurts 30:45 – The Paris shop owner meme 32:15 – Who’s funding the migration 36:15 – Afraid of being called racist 38:00 – Inside Harvard Kennedy School 43:15 – The victim Olympics 50:45 – The BIPOC caucus 53:15 – Mike the Oppressed 58:45 – Columbus, Cortés, and the Aztecs 1:03:20 – Keep your guns 1:06:30 – Closing segment Key Takeaways: America doesn’t have a free market. Capitalism means turning labor into productive value and being paid for it. What we have is corporatism: lobbyists writing protections into law, pharma advertising directly to patients, and losses socialized onto taxpayers while profits flow to the top.  Better food in Europe is a regulation story, not a socialism story. Europe bans ingredients and practices the FDA allows, and it bans pharmaceutical ads outright. Admiring what they do well doesn’t mean endorsing their tax rates.  Victimhood is currency. Hans’s hierarchy of suffering ranks people across four faces: gender, sexual identity, race, and miscellaneous categories like income and education. The higher you sit, the more you’re allowed to speak, interrupt, and shame.  The label only works if you accept it. A civilization that would rather watch its cities burn than be called a name has already lost. Pride in your nation and its laws isn’t hatred, and refusing to play the game is the first step out of it. Take control of your own capital. You can’t opt out of a system you depend on. Mutual companies and the infinite banking concept are tools Americans still have that Europeans don’t, so use them while you can.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBEHans opens with the macro picture. Rates are climbing on the long end, underwriting is tightening, jobs are softening, and stocks keep hitting records on the back of AI spending. Hans explains why banks hand out money when you don’t need it and pull back when you do. From there he digs into the 1960 Supreme Court case Fleming v. Nestor, which ruled that paying Social Security taxes gives you no legal right to the benefits. Then, using a sagging front gate and a backhoe parked in the city, Hans lays out five filters for judging any financial tool. He runs cash, brokerage accounts, the 401k, home equity, Social Security, and policy loans through each one. He closes with how he actually bought a $60,000 car, why paying cash was never on the table, and why he skipped the policy loan too. Chapters 00:00 – Opening Segment 00:30 – Brian’s redeployment and another solo episode 02:40 – Why credentials no longer earn automatic trust 07:00 – Preview: building out your financial toolkit 08:45 – The Iran war and the 5D chess theory 10:30 – Fed rates, rising yields, and the yield curve control endgame 13:30 – Oil, the Houthis, and the end of the petrodollar 15:30 – Record stocks, AI CapEx, and a market disconnected from the economy 17:00 – Tighter underwriting and why banks don’t lend when you need it 19:00 – Boomers, Social Security, and the 89% poll 20:45 – FDR’s insurance sales pitch and Fleming v. Nestor 25:00 – Means-testing Social Security and asking one generation to take the hit 30:00 – The gate that won’t latch: tool gaps and knowledge gaps 37:45 – Owning a backhoe in the city 39:45 – Five filters for judging any financial tool 42:00 – Cash and brokerage accounts 44:00 – The 401k, the 59 and a half window, and RMD penalties 49:00 – Home equity and HELOCs 51:30 – Social Security as a tool 53:00 – Why your 401k is a backhoe 54:45 – Policy loans: the tool where you say yes 57:00 – Buying a $60,000 car: cash, policy loan, or dealer financing 01:00:30 – Dave Ramsey, the debt snowball, and psychology vs math 01:04:00 – Why Hans financed with the dealer 01:05:15 – Year-one liquidity and how Remnant structures policies 01:06:30 – Closing segment Key Takeaways: Judge every asset by who has to say yes. Rate of return is only one filter. The others matter just as much: what job the tool was built for, who controls access, how fast you can use it, what it costs to use or hold idle, and what happens if you use it on the wrong job. Run your assets through all five and most portfolios turn out to be built around a hammer and a level. Paying into Social Security doesn’t mean you own it. Fleming v. Nestor established that the payroll tax and the benefit payments are legally separate. Congress can change or cut benefits regardless of what you paid in. Plan as if it won’t be there. Banks lend when you don’t need it. Rising rates and softening jobs mean tighter underwriting on HELOCs, refis, and business lines, and those lines can be frozen or called in a crisis. Capital that requires no one’s approval is worth the most exactly when credit gets tight. You finance everything you buy. Paying cash means giving up whatever that money could have earned for the rest of your life. A policy loan is one option, not an automatic answer. Hans financed his car with the dealer because his cash value was earning more elsewhere, and making that call requires understanding every tool available.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBERohit Punyani of The Owner's Asset returns, and this time Hans and Brian are both on the call together for the first time. Ro walks through his path from mutual funds and hedge funds to running an $8 billion desk as a regional bank's chief investment officer, and explains why his wealthiest clients pushed him into life insurance. The core thesis: stocks are designed to live forever, and every time you sell them to fund your life, you kill the thing that makes them valuable. The S&P 500 doesn't have kids, medical bills, or a tax bill, so you can't plan your life around it. Life insurance handles the life events so your equities can stay on the curve. Chapters 00:00 – Opening Segment 03:30 – Ro's background, from hedge funds to an $8 billion bank desk 07:45 – Life insurance and tax as synonyms 14:00 – Estate taxes and collateralizing policies to buy a fracking facility 17:00 – Buy, borrow, die and mirroring what the wealthy actually do 21:00 – Sequence of returns risk and the capital stack 23:00 – Why selling stock kills its superpower 29:00 – The S&P 500 doesn't have life events 33:00 – Growth stocks vs dividend stocks 40:00 – Dividend stocks as an annuity with an inflation rider 44:00 – All income is taxable, not all cash flow is 47:00 – Ro's actual portfolio 49:15 – Mineral rights and running depleting assets through a policy 54:30 – Offensive coordinators and defensive coordinators 59:00 – Self-escrowing taxes on RMDs and Social Security 01:05:15 – Qualified plans as behavioral governance 01:10:15 – The multi-generational split annuity 01:17:45 – Adding an inflation rider: $7 million from a $1 million contract 01:24:30 – Leaving kids policies and building a family culture 01:32:15 – Joint strategy calls and cash balance plans 01:35:45 – Closing segment Key Takeaways: Selling stocks breaks them. Equity's value comes from having no expiration date. A portfolio that has to be sold to fund living expenses never reaches its full potential, so the job of life insurance and annuities is to cover life events and let equities stay invested. Income and cash flow aren't the same thing. Dividends and mineral royalties are taxed as ordinary income when they're received. Routed into a whole life policy and accessed later through policy loans, that same money compounds and comes back out without tax friction. Everyone has a future tax liability worth escrowing. Even someone who hates life insurance and did Roth conversions still faces taxes on RMDs or Social Security. A properly funded policy lets them invest the full distribution and pay the tax with a loan instead. Annuities can carry a legacy. A joint annuity with a young adult as the second annuitant keeps paying for as long as either person lives, and an inflation rider compounds that income for decades. Paired with a spendthrift trust, it can guarantee the next generation always has the money to keep their policies funded.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Hans and Brian are back on their regular schedule with a macro roundup to close out fiscal year 2026. They start with the Fed's hike to 4%, a weak Treasury auction where foreign buyers didn't show up, and a 10-year yield above 5% for the first time since 2007. Then they get into why none of it seems to matter to the stock market. With the Mag 7 holding up the S&P while roughly 40% of the index is red on the year, Hans makes the case that the AI build-out is a generational sector rotation, not a bubble. He also explains why the dollar is likely to get stronger from here, not collapse. From there, the conversation turns to what AI actually changes: the $100-a-month employee, AI agents running 24/7 like a digital assembly line, self-driving trucks, single-pilot cockpits, and payment rails rebuilt on stablecoins and blockchain. Hans explains why rate-dependent assets like real estate may struggle and why other forms of borrowing will get easier but still won't match a whole life policy loan.  Chapters 00:00 – Opening segment 05:55 – Why Republicans deserve to lose 07:40 – What have conservatives actually conserved? 08:30 – The Iran war and the midterm math 10:10 – Is your vote worth casting? 14:15 – How younger generations are shifting 16:00 – Setting up the macro roundup 17:05 – The Fed's rate hike 17:45 – How the Fed really steers short-term rates 18:50 – Bills, notes, and bonds refresher 19:30 – How Treasury auctions work and last week's weak auction 20:45 – The 10-year at 5.18% and what it means for mortgages 22:00 – Corporate AI debt competing with Treasuries 25:20 – Why the US economy and the dollar aren't collapsing 26:00 – The Mag 7 and betting against the government's favorites 27:40 – Anthropic's IPO and a $2 trillion valuation 29:00 – How much of the S&P is actually down 30:15 – Why AI isn't the dot-com bubble 32:30 – Claude Code and the $100-a-month employee 35:20 – AI agents as a modern assembly line 37:20 – Situational Awareness and the parabolic pace of AI 40:00 – AI as both an inflationary and deflationary force 41:20 – Why rate-dependent assets like real estate will struggle 43:00 – AI agents, crypto, and new payment rails 47:30 – Why stablecoins could strengthen the dollar 48:55 – Tokenization and access to capital 49:30 – No industry is immune, including financial planning 50:00 – Self-driving trucks and the future of pilots 54:10 – Growing up in an automated world 56:00 – Personal connection as the currency of the future 58:00 – What most IBC policyholders don't know about their policies 59:00 – Why the policy loan remains the ultimate collateral 01:01:00 – How AI will make HELOCs and portfolio lending easier 01:03:30 – Why being capitalized matters more than ever 01:09:20 – Closing segment Key Takeaways The usual playbook isn't working. Rate hikes and higher long-term yields should pull stocks down, but the scale of corporate spending on AI infrastructure has made the largest companies largely indifferent to the Fed. The index is hiding a bear market. The S&P 500 is up for the year, but about 182 of its 500 companies are negative. The Mag 7 are carrying the index, and because they move together, owning all seven is closer to one position than a diversified portfolio. AI is compressing the cost of doing business. Tools that work around the clock for a monthly subscription raise revenue and cut expenses at the same time.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBEAfter being mobilized with his Guard unit in February and spending six months flying KC-135 tanker missions in the Iran war, Brian sits down with Hans just three days after landing home for his first unfiltered debrief. He walks through what it was actually like: open-ended orders that kept getting extended with no end date, rockets and missile intercepts in the air around him, congested airspace with multiple near misses, and living out of hotels in an Israeli town while bases a few miles away were locked down. From there, the conversation widens to the bigger questions. Brian and Hans make the case that this is a war of choice being run around Congress, question the stated justifications given that Iran's nuclear program was declared destroyed in June 2025, and dig into the fallout at home, from gas pushing $7 in California and diesel over $6 nationally to a Strategic Petroleum Reserve running near critical levels. Brian also shares his observations on daily life and culture in Israel, why the Guard and Reserve have quietly become the military's first-line tanker force, and what the loss of Gulf bases means for years to come. They close with what's next for Remnant Finance, including Remnant Frontier and an upcoming IBC presentation at Joe Withrow's Phoenician League investment summit. Chapters  00:00 – Opening segment 01:15 – Mobilized in February and the 90-day orders that kept extending 03:15 – Arriving in theater: rockets and missiles in the air 03:45 – Four weeks into a two-week war 04:20 – The Lincoln deployment and why open-ended orders are the worst part 06:15 – Shout out to Molly holding it down at home 07:05 – The Lincoln's first port call 08:55 – Flying under fire for the first time 09:50 – Near misses and the hardest flying of a 24-year career 10:55 – The KC-135 midair collision 11:55 – Casualties, base damage, and what's being reported 13:45 – War or "sustained operation"? The fight over benefits for the fallen 14:15 – Congress, the president, and war powers 15:30 – Does the nuclear justification hold up? 18:15 – Joe Kent, Tulsi Gabbard, and the intelligence assessments 20:10 – Gas prices, diesel, and the Strategic Petroleum Reserve 22:45 – Taxes, foreign aid, and Thomas Massie's impeachment articles 25:25 – The midterms and a choice between two bad options 26:10 – Grading the administration: immigration, spending, and COVID 31:05 – Day-to-day life deployed in Israel 32:50 – National pride and honoring the Sabbath 36:10 – Shabbat elevators and religious loopholes 38:30 – Driving culture and what it means to be a "friar" 41:50 – Is "Judeo-Christian" a real thing? 48:30 – What does victory look like? 49:45 – The June 2025 strikes and "demolished" nuclear capability 51:55 – Iran's track record of restraint since 1953 54:55 – How real is the nuclear threat? 57:55 – Why the National Guard became the first force 59:55 – Destroyed Gulf bases and the move to Diego Garcia 01:00:55 – Could Brian be sent back? 01:01:30 – Closing Segment Key Takeaways The hardest part of this deployment was not the danger but the uncertainty. Presidential activations for the Guard and Reserve can legally be extended up to two years, and Brian's orders were rolled forward again and again with no real end date. Brian and

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Hans is running solo this week with Brian still overseas, so he opens with a macro roundup on the eve of the Fed decision: a failed Treasury buyback that the market refused to take seriously, a hot CPI print built on metrics almost nobody's life actually runs on, Brent and WTI both above $100, and diesel breaking $6 for the first time. Then he replays one of the most requested episodes in the catalog, because the question behind it never really goes away. Why would I pay interest to borrow my own money? The premise is wrong, and the correction matters. You are not borrowing your money, you are collateralizing it, and the difference is the entire reason the mechanism works. Hans and Brian walk through a $30,000 car bought with a 4% CD against a 5% loan and show you come out $2,500 ahead with negative arbitrage on paper, explain why paying cash is a one-way transfer you never get back, and close with a penny-a-day chart that explains why four years of waiting costs you most of the outcome. Chapters: 00:00 – Opening segment 05:30 – Macro roundup: the Fed decision and the case for 8% rates 06:20 – Bessent, off-the-run bonds, and a buyback the market ignored 10:20 – CPI comes in hot, and what "cooling inflation" actually means 12:20 – Hormuz, the Red Sea, and oil above $100 15:00 – Into the replay 19:20 – The question: why use a policy loan when I have cash in the bank? 21:40 – The $20,000 policy, base premium, and the paid-up additions rider 25:40 – "But it nets out to zero" and what that objection misses 30:40 – The $30,000 car: a 4% CD against a 5% loan 34:40 – You didn't make money on the car. You came out $2,500 ahead anyway. 37:20 – Rave Damsey, Joe Navy, and the cash flow sword 41:20 – Who controls the equation? 48:40 – Paying additional interest, and what Nelson actually meant 53:00 – A penny a day for 30 days Key Takeaways: You are not borrowing your own money. The phrase itself is the problem. A policy loan is money from the insurance company, collateralized by your policy values, which is exactly why the cash value keeps growing and keeps earning dividends as if you never touched it. Negative arbitrage on paper can still leave you ahead. Thirty thousand dollars compounding uninterrupted at 4% for five years reaches roughly $36,500. A 5% amortized loan on $30,000 over that same period costs about $34,000 on a decreasing balance. You paid the higher rate and still came out about $2,500 better, and nobody made money on the car. Paying cash is a one-way transfer. Avoiding interest also means permanently handing someone else the right to earn on that money. Whoever holds the cash flow sword collects the rate of return, and the dealership knows exactly what to do with it. Control is worth a point. If the arbitrage runs a percent against you in the short term, you are buying something real with it: no repossession, no foreclosure, no repayment schedule written by anyone but you. Paying additional interest means funding the PUA rider. It does not mean paying interest to yourself after the balance is gone. If Wells Fargo's money was worth 8% to you, your own capital should not suddenly be worth 5%, and the difference goes toward buying more paid-up additions. The last three days are where the money is. A penny doubled for 30 days reaches about $5.4 million. Cut the final three days and you have roughly $670,000. Starting on day four does not delay the outcome, it shrinks it.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Hans joins Oto Gomes on the Oto Gomes Crypto Show for a long-form conversation covering his background, the end of his Naval Aviation career, and how a contract fight with the Navy led him to Infinite Banking. The episode opens with a macro segment on the August payroll number coming in at triple expectations, what a strong labor print does to the Fed's split mandate, and why the long end of the curve is not buying what Powell, Warsh, and Bessent are saying, with 52-week highs across the two, five, and ten year. Hans and Oto cover the Kennedy School years and learning macroeconomics from central bankers, the EUA statute and the right to refuse, the boilerplate denials that exposed the religious accommodation process, the recouped bonus and the debt the Navy handed to the Treasury, and the pediatrician appointment that ended the vaccine question permanently. From there they get into human life value and what most families are actually insured for, protect save grow as an order of operations, base premium versus PUA and why structure determines year one cash value, the policy loan and its absence of underwriting or repayment schedule, and the average rate of return fallacy that holds up even with perfect hindsight. Because Oto's audience operates in the private and Hans works in the public, they draw that line explicitly throughout. Chapters  00:00 – Opening Segment 02:20 – Public versus private, and which path this show takes 06:40 – Why the long end is calling the bluff 09:30 – COVID and taking every assumption down to the studs 11:03 – Navy aviation and the grad school program 12:30 – Cambridge, spring 2020, and the two weeks before the shutdown 16:20 – EUA products and the legal case against the mandate 20:40 – Boilerplate denials and a process built to reject 22:40 – Benched for two years, and looking for something to learn 24:30 – "You wrote the contract, I just signed it" 26:30 – The $60,000 bonus and the loan they invented 28:00 – Norfolk, and a billet that did not exist 30:10 – Separation, the Treasury, and 30% on top 33:00 – The class action and what the government settles for 35:00 – Researching the childhood schedule at 50/50 36:30 – The pediatrician appointment that ended the question 42:30 – Pensions, Title X, and the golden handcuffs 49:00 – The Kennedy School and learning macro from central bankers 52:00 – The Creature from Jekyll Island 54:30 – Being handed the book at Thanksgiving 2021 01:00:30 – Getting licensed, then picking it up to disprove it 01:02:30 – Two hundred years of case law and a contract that has never defaulted 01:04:40 – Pirates of Manhattan and whole life as a Tier 1 asset 01:09:00 – Human life value and what your family actually loses 01:11:30 – A McLaren insured like a Civic 01:14:40 – The asset report card and the job of a dollar 01:17:30 – Liability and creditor protection in 48 states 01:20:30 – The average rate of return fallacy 01:26:30 – Planning 30 years out and what that assumed in 1990 01:29:30 – Base premium, PUA, and cash value in year one 01:32:30 – The policy loan and who guarantees the collateral 01:39:30 – The collateral stack and the bank that still hesitated 01:55:00 – Who this is not for 01:57:00 – The mortgage analogy for base and PUA 02:02:00 – Series 65, Remnant Frontier, and the offensive coordinator 02:08:00 – The distribution problem and the 4% rule 02:12:30 – What happens if you clip the three worst years 02:17:30 – Closing Segment

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Hans joins Sean King's podcast for a long-form conversation covering his background, the collapse of his Navy aviation career, and how a contract fight with the Department of Defense led him to Infinite Banking. The episode opens with a macro segment on Jackson Hole, Kevin Warsh's dismantling of forward guidance, and the Treasury's expanded buyback of off-the-run bonds, plus rising bond yields across Japan, the US, the UK, and Germany. Hans and Sean cover the criticisms of whole life that are worth engaging and the ones that are factually wrong, why he financed a car through a dealer instead of taking a policy loan, where he departs from the purist position on loan repayment, how he sizes an emergency fund using a daily burn rate and a 365-day runway, and why every dollar should be evaluated against the job it is actually doing. They close on low stress options trading as an income strategy, and on Remnant Frontier, the asset management arm Hans is building to bridge the gap between the IBC world and the CFP world. Chapters 00:00 – Opening Segment 00:36 – Macro: Jackson Hole and the end of forward guidance 08:16 – The Treasury put and the September 9th buyback 12:03 – Global bond yields and the yen carry trade 13:54 – Hormuz, oil, and gold 15:15 – Labor market softening and the Fed's split mandate 17:10 – Remnant Finance and meeting Brian

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE In 1933, a Harvard-trained lawyer walked into Chase National Bank with signed receipts for twenty-seven numbered bars of gold and was told he could not have them. Two days after he sued, a federal grand jury indicted him. He never got the gold back. Hans opens with an update on Brian, who may be home temporarily in September or October but likely stays on active duty orders, then turns to the Treasury's announcement that it is doubling its long end buyback operations from two billion to four billion. The dollar figure is a rounding error against forty trillion in debt. The signal is not, and it is the same move Scott Bessent spent the last two years criticizing Janet Yellen for making. Chapters  00:00 – Opening segment 02:20 – No end in sight and why nobody negotiates with America anymore 06:35 – Reading the macro tape without becoming a permabear 07:55 – The Treasury doubles its long end buybacks 09:15 – The economic equivalent of no new foreign wars 11:50 – Where Hans actually sits on the political spectrum 13:10 – Two billion to four billion: the substance of the move 14:05 – Bills, notes, and bonds, and why the distinction matters here 16:35 – Off-the-run long bonds and a disorderly long end 17:35 – What they are buying and what is paying for it 19:00 – One leg of QE, not the money printing leg 20:15 – Yellen's trillion dollar mistake and the two percent mortgage analogy 22:40 – Bessent criticized this exact move, then made it 23:55 – Yield curve control and how far away it actually is 24:25 – Intervening into a record high market with no visible fever 26:00 – The debasement trade and the stock market as pressure release valve 28:30 – The yen intervention and why Japan matters 29:15 – The repo facility and keeping Treasuries out of foreign hands 32:20 – What all three moves have in common 33:30 – Hormuz closed, oil creeping, and an empty petroleum reserve 36:45 – Japan as the roadmap for where this road ends 37:50 – Homeschooling, wristbands, and the safe and inclusive playground 43:35 – Frederick Barber Campbell walks into Chase National Bank 46:05 – The lawsuit, the indictment, and the demurrer 49:50 – When a dollar was a bearer claim on gold 51:55 – Benjamin Strong, the Bank of England, and the boom that had to bust 53:10 – How the Fed was sold to America in 1913 55:50 – Nine thousand banks fail and the money supply drops a third 58:50 – The Fed as an instrument of extraction 01:00:35 – Where America sits in the line, and the prison hierarchy analogy 01:03:50 – Hamilton, specie, and the principle of productive credit 01:06:05 – The bank holiday and the Emergency Banking Act 01:07:45 – Five words added to the Trading with the Enemy Act 01:10:20 – Executive Order 6102 defines hoarding as owning 01:16:20 – The markup from twenty dollars to thirty-five 01:17:35 – The Gold Reserve Act and the Exchange Stabilization Fund 01:18:35 – Marriner Eccles and the fight over the lever of power 01:21:25 – Carter Glass fights the bill he made possible 01:22:30 – The FOMC is created and open market operations take over 01:24:45 – Killing the regional discount rate and the governor it provided 01:27:30 – Half a Keynesian equation with no brakes on the other side Key Takeaways The size of the buyback is not the story. Doubling from two billion to four billion per operation is meaningless against forty trillion in debt. What matters is that the Treasury told the market, in a public press release, that it will step in and buy the long end when demand thins out.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Hans opens this episode with a correction to the original recording, the SECURE 2.0 Act dropped that penalty from 50 percent to 25 percent, and then makes the case that the only incentive that explains the rule at all is that they do not want you leaving it to your children. From there, a macro roundup on the three stories driving the tape right now: the 30-year Treasury clearing above 5.3 percent for the first time since 2007, oil sitting stubbornly in the eighties while the Strategic Petroleum Reserve hits its lowest level since 1982, and the Fed holding its range at 3.5 to 3.75 while the betting markets start pricing a hike rather than a cut. Then a replay of what was, for most of this show's run, its most popular episode. Hans and Brian take apart the conventional financial planning model, starting with the assumption buried underneath all of it: that anyone can predict the future. When you retire, what taxes will be, what inflation does, how long you live, how the market performs. Every one of those has to break your way for the plan to work. Only one has to break against you for it to fall apart. Chapters  00:00 – Opening segment 01:05 – Why part two of the interest rate breakdown is delayed a week 04:55 – Correction: SECURE 2.0 took the RMD penalty from 50 percent to 25 percent 06:45 – The one piece of the tax code Hans cannot steel man 07:00 – How the two gates work: 59 and a half, then 73 08:15 – Reducing the penalty to 10 percent, and why the barrier never really left 10:20 – Tax on the seed versus tax on the harvest 11:55 – Macro roundup: how a Treasury auction actually clears 14:05 – The 30-year breaks 5.3 percent, highest since 2007 14:55 – Heavy federal issuance and the approaching 40 trillion mark 15:50 – AI data center CapEx enters the rate story 16:35 – Three straight down sessions in the S&P 17:00 – Oil, Hormuz, and the lowest SPR level since 1982 20:20 – Why "cooling inflation" is still inflation 22:10 – Replay begins: the airline gig and stop being a passenger 25:50 – What the institutions want, and the four things they are optimizing for 26:40 – Pond money versus river money 27:45 – The blackjack cheat sheet the dealer hands you for free 28:50 – The conventional model in one paragraph 30:50 – Where did 65 come from, and why is it a goal at all 32:25 – The Social Security incentive trap 33:35 – The generation that struck gold on the timeline of history 36:10 – Asset price inflation is not value creation 37:10 – A proposal: let our generation take the hit 40:40 – On spending it all and leaving nothing behind 44:15 – The Waiting List, and what you would actually trade for your children 48:55 – Back to the model: predict the future 50:20 – What will tax rates be in thirty years 53:40 – If taxes double, does your plan survive 53:55 – The family budget slide and what it actually is 59:35 – 1988 prices and the case against linear inflation 1:02:50 – How long will you live, and the barrel of water on the island 1:05:35 – Market performance as a load-bearing assumption 1:06:45 – Closing segment Key Takeaways The conventional plan is a stack of predictions dressed as a strategy. When you retire, what tax brackets look like decades out, what inflation does to the cost of a car or a house, how long you live, and what the market returns over the accumulation window.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBEThe Fed cut rates and your mortgage went up. If that never made sense to you, this episode is the explanation. In part one of a two-part solo breakdown, Hans starts with the three interest rate stories dominating the macro headlines right now, the stubborn 10-year Treasury, Kevin Warsh's campaign to kill forward guidance, and Japan quietly letting its Treasury holdings roll off, and uses them as the entry point to a much bigger question: who actually sets the price of money? Chapters  00:00 – Opening Segment 01:00 – Setting up the interest rate primer 02:25 – Headline one: the 10-year Treasury refuses to fall 03:55 – Why a weak jobs report makes the stock market celebrate 06:40 – Headline two: Kevin Warsh is killing forward guidance 09:00 – Shorter statements, no dot plot, and a market that has to do its own homework 13:35 – Headline three: Japan stops rolling its Treasury holdings 16:10 – The food chain: it was never one dial 20:25 – The fed funds rate is banks lending each other reserves overnight 25:25 – The dual mandate, CPI versus PCE, and how inflation gets measured 29:35 – Reserve requirements are now zero 32:15 – IORB: the floor the Fed actually sets 37:55 – The reverse repo facility and the discount rate ceiling 39:20 – The repo market: a pawn shop moving trillions a night 42:45 – LIBOR, the 2012 scandal, and the move to SOFR 44:10 – Primary dealers and the price of the golden ticket 47:00 – What QE really is and why the Fed can't buy direct from Treasury 52:00 – Inside a Treasury auction: bids, clearing yield, and the tail 57:05 – Recap and what's coming in part two Key Takeaways There is no such thing as "the" interest rate. There is a stack of them, and the Fed only has real influence over the short end. Everything between the Fed and your mortgage is a chain of institutions taking the rate handed to them, adding yield, and passing it down. The fed funds rate is not a number anybody types into a computer. It is a real market rate set between banks settling reserves overnight, and the Fed steers it with incentives rather than force. Forward guidance has been the Fed's most powerful tool, and it costs nothing to use. Saying the conditions might align for a cut can move markets as effectively as an actual cut, which is why Warsh trimming statements and abandoning the dot plot amounts to a real policy shift. The repo market, not the fed funds market, is where the money actually is. Fed funds is a small, uncollateralized club of primary dealers. Quantitative easing is the one situation where "printing money out of thin air" is literally accurate. The Fed is barred from buying new issues directly from Treasury, so the twenty-four primary dealers absorb whatever the auction does not clear and the Fed buys from them with newly created reserves. Treasury auctions price on demand, not decree. Treasury announces the quantity, buyers submit the yields they will accept, bids fill from lowest to highest, and the yield on the last dollar sold becomes the yield everybody gets.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE For the first time on the show, Hans sits down with a client. Major Jonathan Wright is an active duty Air Force F-35 pilot who started his first policy in December 2023 and has been listening since episode one. Before the financial conversation, he walks through how he got here: growing up in Knoxville, following his father to Embry-Riddle, earning a fighter track slot at ENJJPT, and then giving up the F-16 he had wanted since childhood when a 24 hour window opened to become one of the first Air Force pilots to fly the Navy's EA-18G Growler. Two deployments later, including a Christmas Day flight of nearly nine hours, he transitioned to the F-35 and now flies red air at Nellis. Major Wright is candid about the hesitations, including his first assumption that IBC was a grift and the shock of routing that much of a paycheck into base premium and PUA. Four years in, the family holds five policies, and he walks through the four turnkey rental properties and the options account he funded with policy loans, the dividend that grows each year, and why he weights death benefit heavily with three kids at home. Chapters  00:00 – Opening segment 05:05 – Embry-Riddle, ROTC, and building hours for a pilot slot 09:50 – ENJJPT, NATO classmates, and selection for the F-16 13:25 – Trading the Viper for the Growler on 24 hours notice 16:10 – Al Udeid, jamming comms over Syria, and eight hour sorties 19:40 – Misawa, and the start of 2020 22:50 – The F-15C, F-22, F-16, and F-35 compared 32:55 – Congress, the Fed, and the defense contracting loop 35:00 – Navy versus Air Force squadron culture 38:15 – Call signs, and the story behind Bundy 43:45 – The 2019 flu shot and what happened that night 50:40 – The COVID czar, quarantine, and four weeks in a room 53:25 – Credibility, compliance, and what it cost 58:15 – The F-35 transition course and arriving at Eielson 59:25 – The mandate, the RAR, the LORs, and three months grounded 01:02:45 – Meeting Cassidy, marriage, and three kids 01:08:50 – Finding IBC and reading Nelson Nash 01:12:45 – The hesitations: premium, PUA, and "is this a Ponzi scheme?" 01:19:35 – Rental properties, options, and the dividend 01:23:15 – What his finances looked like before 01:26:00 – The gap between IBC and conventional planning 01:28:50 – Closing segment Key Takeaways The debrief process is the through line of this episode. Fighter pilots take a problem, list every contributing factor, isolate the primary one, name a root cause, and produce a fix. Doors that open unexpectedly are worth walking through. Giving up the F-16 closed a lifelong goal but put him in a Navy squadron, then in the F-35 community, and eventually in the group chat where he met both his wife and this show.  Being good with money by conventional standards is not the same as having a system. Before IBC, he maxed his TSP and his Roth IRA, carried no debt, and kept an emergency fund, and he would have passed any mainstream checkup with high marks. What he does now is layered rather than singular. The policies are the foundation, and the cash value funds rental properties and an options account while continuing to grow inside the contract.

Book a call: https://remnantfinance.com/calendar Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Would you raise your children with the rules you accept for your 401(k)? Lock it away until 59 and a half. Pay a penalty to touch it early. Hand it to a manager you will never meet. Check in decades later and hope it worked out. Applied to a retirement account, that is just the default. Applied to a child, it is unthinkable. Before he takes it apart, Hans gives the 401(k) an honest steel man: the match really is part of your total compensation, the tax treatment is real, and for someone low on both financial literacy and discipline, forced savings may be the single best thing that ever happens to their balance sheet. Chapters: 00:00 – Opening segment 02:55 – The premise: would you raise a child like a 401(k)? 06:45 – Why enter an industry this saturated 11:30 – Defensive coordinator, offensive coordinator, head coach 14:20 – Cash value as the buffer in a down market 16:20 – Decumulation, Social Security timing, RMDs, and beneficiaries 20:40 – The honest steel man for the 401(k) 25:50 – Roth versus traditional and paying tax on the seed 26:40 – The tax code as a map around income 27:50 – Forced savings and where the 401(k) genuinely shines 31:25 – Will 70% of your income really be enough? 36:20 – The box, the penalty, and the friction that works both ways 37:20 – Would you outsource raising your children? 47:20 – Most of your time with your kids happens before they turn 18 48:25 – Which rules will still exist when you turn 60? 50:35 – Buy and hope dressed up as buy and hold 54:15 – Net worth versus cash flow and the $3 million mansion 57:00 – Contract wealth versus statement wealth 59:15 – Closing segment Key Takeaways: The match is not free money in the way LinkedIn tells you it is. It is a piece of the economic value your employer already assigned to your labor, and you only unlock it by parting with your own capital first. The 401(k) works, and it shines for one profile: low financial literacy paired with low discipline. If money leaves your hands regardless of intent, automatic enrollment and a penalty for early access may be the only thing standing between you and nothing.  Whether you choose Roth or traditional comes down to a bet about the future. The conventional plan assumes you will need roughly 70% of your current income and land in a lower bracket.  Locking capital away for 30 years is also a bet on political stability. The access ages have been changed before, they will be changed again, and $40 trillion sitting in qualified plans is a resource the system is already leveraging.. Money is not math. Behavior is the largest determinant of any outcome, more than knowledge and more than which strategy you choose. Protect, save, grow in that order. Your capital feeds the people you love, so stop treating it like a stranger's science project.

Connect with Dr. Paul: [email protected] Book a call: https://remnantfinance.com/calendar Out Print the Fed with a 1% target per week: https://remnantfinance.com/options Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE Dr. Paul McHale has spent over a quarter century in emergency medicine, and he'll tell you exactly what that does to a man: ER docs either get old, get tired, or get afraid. He's all three now. But it wasn't the ER that changed how he thinks about money. It was almost getting killed by an F350 in a grocery store parking lot, going home spooked, and realizing he had life insurance but not nearly enough. What Paul discovered after that near miss is the through-line of this entire conversation. He watched colleagues who had made serious money for years panic when COVID cut their shifts. Not one or two of them. A lot of them. Physicians pulling $20,000 a month who could not absorb losing five shifts for a single month. As Hans puts it, a teacher making $50,000 with a savings habit might weather that better than a doctor making a couple million a year. The problem was never income. It was that nobody, in 18-plus years of the most rigorous education in the country, ever taught them what to do with it. Chapters: 00:00 – Opening Segment 06:50 – Twenty-five years in: old, tired, or afraid 07:40 – The grocery store near miss that started everything 09:00 – Buying the first permanent policy and abusing it 10:25 – Building an ER group 16:50 – How ER billing actually works 18:40 – What's broken in healthcare, from an outsider's seat 24:45 – A physician's honest reckoning with COVID 30:40 – The credibility medicine lost and can't get back 41:35 – The doctors who couldn't afford to lose five shifts 49:35 – Max the 401(k) for thirty years, then what? 52:45 – Liquidity as the single greatest portfolio decision 55:10 – Sequence of returns and the average rate of return lie 57:45 – What ultra high net worth families actually buy 01:00:35 – Bonds, volatility, and the product advisors won't look at 01:03:10 – Cutting off the compounding curve right when it gets good 01:16:15 – Bastardized cancellation data 01:26:35 – Why Paul's policy is death benefit heavy 01:31:05 – The Mississippi River theory of money 01:34:30 – The colleague who lost her husband in two months 01:37:25 – "Don't ever leave your family without insurance" Key Takeaways: High income is not the same thing as financial stability. ER physicians earning $300 an hour called Paul looking for work when their hospitals cut five shifts. These were successful doctors, some of them former partners whose payouts he knew personally. They could not take a one-month cash flow hit. The treadmill runs at whatever speed your lifestyle sets, and a high salary just means the belt moves faster. Physicians stopped behaving like scientists. The willingness to change your mind when the data changes is the entire job description of a professional. Liquidity is the single highest-leverage decision in a portfolio. You cannot buy the dip without cash. When the market hemorrhages, the reason people freak out is that they've lost money and have nothing left to deploy at the bottom. Whole life lets your risk assets stay risk assets. The conventional move is to ratchet a 55-year-old down from equities into bonds, which have their own volatility and lose money roughly every six years. A fiduciary title is not a knowledge credential. There are bad doctors, bad pilots, and bad fiduciaries. If an advisor can't explain a policy loan, the fiduciary designation hasn't done anything for the client.

Book a call with Travis: https://calendly.com/travis-eib/30-minute-call Book a call: https://remnantfinance.com/calendar Out Print the Fed with a 1% target per week: https://remnantfinance.com/options Email us at [email protected] or visit https://remnantfinance.com for more information FOLLOW REMNANT FINANCE Youtube: @RemnantFinance (https://www.youtube.com/@RemnantFinance) Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588) Twitter: @remnantfinance (https://x.com/remnantfinance) TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE In this episode, Hans welcomes back Travis McBride, a former Navy helicopter pilot turned insurance professional, for his third appearance and a conversation about annuities, guaranteed lifetime income, and why the order of your returns matters more than the average. Fresh off the birth of his son, Travis opens up about how fatherhood reframes the way he thinks about mortality and protecting the people who depend on you. From there they get into sequence of return risk, including a live demo where shuffling the exact same 30 years of returns swings the outcome from $2.2 million left over to fully broke in 14 years, and why a guaranteed income floor lets you stay on the compounding curve right when it's most powerful. Chapters: 00:00 – Opening segment 03:10 – Re-anchoring on why we plan: it's about the next generation 05:25 – Why $500K of SGLI won't set a family up 10:15 – What an annuity actually is: the inverse of life insurance 14:40 – The power of setting an income floor 18:30 – A brief history of annuities, from Rome to the modern pension gap 20:15 – When to consider an annuity: the 50 to mid-70s window 21:15 – No medical underwriting: annuities are priced on age alone 25:15 – The 4% rule and where it falls apart 26:05 – Sequence of return risk explained with a live shuffle 28:45 – Same data, wildly different outcomes 30:50 – Why the Series 65 teaches nothing about insurance or annuities 35:00 – Trade-offs exist everywhere, even in a Roth IRA and 401(k) 39:50 – Mortality credits: the third form of return 45:30 – Payouts are tied to the 10-year Treasury at purchase 46:40 – The 1035 exchange: upgrading an old, uncompetitive annuity 50:00 – Closing segment Key Takeaways: The order of your returns can matter more than the returns themselves. Take the same 30 years of market data and simply shuffle the sequence, and the outcome swings from leaving $2.2 million behind to running out of money in 14 years. An annuity is the inverse of life insurance, and it's the only chassis that guarantees income for life. Where a $1 million portfolio using the 4% rule cautiously pulls $40,000 a year and still might run dry, that same $1 million can buy a fully guaranteed $77,000 a year that keeps paying as long as you're alive. A guaranteed income floor buys you flexibility everywhere else. Once your baseline needs are covered for life, you no longer have to run conservative with the rest of the portfolio. $500K of group life insurance is not a plan. In a high cost of living area, half a million won't maintain a family's lifestyle, and most people aren't even capped out there. If your parents bought an annuity, get it reviewed. Payouts are locked to the 10-year Treasury yield at the time of purchase, so annuities bought in low-rate years are often badly uncompetitive today.