Modern Monetary Theory Part 4, How to Fix It

Part Four of the Modern Monetary Theory (MMT) series. After four years of research, I finally present the solution to our National Debt problem. In this video, I present two solutions to address The Flaw reviewed in Part I and The Failed Assumption of a Government We Do Not Have discussed in Part II, which you can now evaluate with the Variables to Grade Government Spending from Part III. Enjoy.

Solutions:

Unified Federal Tax System: https://www.youtube.com/playlist?list=PLfjmtHKB-Q835xmazIRQJ3PnIXEvdPApm

Optimized Trust Fund System: https://youtu.be/QL9RTNpm7ow

Additional Video Links:

MMT Playlist: https://www.youtube.com/playlist?list=PLfjmtHKB-Q81TTG9YEe2mjR-4CwY2E38Z

Full National Debt Playlist: https://www.youtube.com/playlist?list=PLfjmtHKB-Q81-FplovX3cGveOrlmtxT1M

Tax Gap Playlist: https://www.youtube.com/playlist?list=PLfjmtHKB-Q83lJKJ6Pjp7eWmXjQUpzWib

Source Links:

US Financial Report: https://www.fiscal.treasury.gov/reports-statements/financial-report

The Federal Reserve Balance Sheet: https://www.federalreserve.gov/releases/h41/current/h41.htm

White Paper Link - How to “Solve” our National Debt “Problem” https://www.watchguardcapital.com/post/how-to-solve-our-national-debt-problem

Audio Special Thanks:

United States Marine Band - America the Beautiful

Chris Haugen - Western Spaghetti

Sir Cubworth - Summer Symphony Ball

United States Navy Band - Yankee Doodle

United States Naval Academy Band – Naval Academy March

Chris Zabriskie – Readers! Do you Read

United States Army Band – March Grandioso

Become a Patron: https://www.patreon.com/watchguardcapital

How to “Solve” our National Debt “Problem”

How to _Solve_ our National Debt _Problem_.pdf

Download PDF • 535KB

And since national debt is the result of imbalances between taxes collected and taxes spent, and could be paid down to zero and retired if so desired, the first step to “solve” the national debt “problem” is admitting that we don’t actually have a national debt problem, we have a political problem...

Top 10 Ideas to Fix Our Tax Code

Part three of the Tax Gap series. In this video, I review my Top 10 Ideas on how to fix our Tax Code and close the Tax Gap, which is the amount Americans are cheating on their taxes annually. In 2019, that amount was projected to be north of $600 billion which would go a long way toward addressing our National Debt problem.

Sources:

IRS History: https://www.irs.gov/irs-history-timeline

IRS 2021 Data Book: https://www.irs.gov/pub/irs-pdf/p55b.pdf

IRS Tax Gap Reports: https://www.irs.gov/newsroom/the-tax-gap Audio Special Thanks:

Once Again by Bensound, Music: https://www.bensound.com

Early Morning by Borrtex,

https://www.youtube.com/watch?v=DtAzKt-UQM4

Readers! Do You Read by Chris Zabriskie is licensed under a Creative Commons Attribution 4.0 License. https://creativecommons.org/licenses/by/4.0/

Source: http://chriszabriskie.com/reappear/

Artist: http://chriszabriskie.com/