7 votes

New Investment Book Based in Libertarian Ideas

My personal financial advisor, David Lukas, has just published a book on personal finance and banking that I believe is a must-read for libertarians and Ron Paul supporters who are looking for ways to practically invest for the future while steering clear of the government, wall street and the corrupt banking system. It's called "Whose Future are you Financing?: What the government and Wall Street don't want you to know"

The book outlines things that we, as Paul supporters, already know. Like the problems with fiat currency and the FED, government taxes, and why banks are always the winners when you give them your money (and as a former banker and mortgage specialist, he should know).

What I found extremely useful was that he took those concepts and built upon them, and shows you in the book how you can take back control of your finances, bypass the government and banking system, and still invest and save for the future. He shows you how to take advantage of compound interest without giving away control and access to your money. And he does it all while staying true to libertarian investment principles, and with a complete understanding of the boom and bust cycle.

I highly recommend this book and believe we should do our best to promote it up the personal finance charts on Amazon. So many "personal finance experts" buy into the goverment's system of fiat money and boom cycles, and it has done nothing but frustrate and ruin the average investor. David's book is a clear roadmap on how to bypass the banking system, and gives you a path to financial liberty. Moving it up Amazon will add a very libertarian and free market voice to the world of personal finance.

You can also check out David's radio show, based out of Little Rock, Arkansas. The David Lukas Show


Whose Future Are You Financing?

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Can you give us an idea of what he's saying?

For example on his web site he writes about some kind of investment that would "allow your money to compound continually and have complete access to use it for purchases." I read some of the blog entries, and the sample chapters of his book, and listened to one of the podcasts, and can't find any details, or even a general outline, of what he's talking about.

It sounds very free-lunch-y. He says that with his program you can pay off your mortgage in half the time or less, not spend a dollar more than you're spending today, "literally get back all the interest you have paid on the loan", build a substantial tax-free retirement with no risk, etc. And of course it's all a secret that "they" don't want you to know. (From https://dlshowonline.com/payoff-your-mortgage-early-the-righ... around the 28 minute mark)

What's the deal?

Short & Medium-term investment advice

Hi Ashley,

Can you tell me if there is enough short to medium-term investment/financial strategies discussed in the book?

I am not a US Citizen and just have a work visa. I don't know where I will be even 5-10 years down the line. So long-term strategies based on residency in US may not work out for me.

Also there are already so many free resources on The Fed, fractional reserve banking and debt based fiat money, so that would just be redundant information for most of us here.

Bump for...

later responses

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

"The belief is worthless if the fear of social and physical punishment overrides the belief."

Thanks

Thanks for the bump. Look forward to later responses.

Bump for...

...later read

"First they ignore you, then they laugh at you, then they attack you, then you win!"
GANDHI

"The belief is worthless if the fear of social and physical punishment overrides the belief."

Not sure if this is spam but

Not sure if this is spam but I will make you a deal. I work within the financial industry and I have been a member of this forum for quite awhile, so how bout you send me a review copy of your book, and I will post my honest opinion here and on Amazon.

I am a libertarian Austrian school of economics slant so if your book slants the sameway you should not be worried about making such a deal.

The forum awaits your reply...

Not sure you read what I wrote completely but

Hey @emptyeternity. I assure you that this isn't spam. It also isn't my book. I wrote the review and posted it on the DailyPaul forums because I believe that its message is consistent with libertarian/austrian thinking.

Since it is not my book, and my only copy is a signed copy by the author that I'd rather not part with, I likely won't send you one to review. However, if I do end up with an extra copy, you'll be the first that I forward it to.

You can check out David's radio show website at the link I provided at the bottom of my review, and I'd be happy to scan a few pages in from my copy to send to you if you'd like. (If you'd like that, I can send you my FB or some other contact info so I don't have to post it on a public forum).

When I first met David a year ago, I was taken aback to see prominent libertarian economists on his office bookshelf, like Rothbard and Hayek and Hazlitt. This was particularly odd because when we met he was still working for a major bank in Arkansas, and specialized in mortgage lending. He also introduced me to a book that I've come to love (and upon which his book is largely based), called How Privatized Banking Really Works by Robert Murphy and L. Carlos Lara.

David Lukas has a radio show in Little Rock, AR where he regularly discusses the problems of fiat currency, the FED, and sound money. He also discusses how the banks transfer wealth through interest payments, how governments transfer wealth through taxes and inflation, and how individuals transfer wealth through lost opportunity costs and cash payments.

The reason I am promoting his book is because I believe in what he's saying. And the reason I am promoting it here is because I believe what he is saying has relevance in the libertarian/Austrian movement.

I am not an official promoter. I'm not hired PR for David. I'm a friend and supporter of his ideas. I'm also one of his clients, and have been since we first met and he talked to me about the business cycle and his belief in sound money and individaul liberty in investing. I'm a web developer out of NC with a love for economics, liberty and the RP movement.

I'd love to further discuss economics/finance/investing with an Austrian in the financial services industry. I'm always looking for like-minded people. I can send you my info.