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It seems every day Modern Monetary Theory becomes less of a fringe idea and more of a reality. But there are a few hidden reasons why MMT can be extremely harmful, and they have to do with taxes. Because taxes are explicitly not needed for funding in the MMT framework. But just because taxes aren't needed for funding, doesn't mean they won't be there. The Deficit Myth Book https://amzn.to/3ijv2SE My Courses and Guides🍎🍎 💰My Options Course (Beginners) https://gum.co/yvRjw 💵My Options Course (Advanced) https://gum.co/CIqDW 🔑My Ultimate Guide on How to Buy Gold https://gum.co/DUkCt 📝My Weekly Newsletter https://heresyfinancial.curated.co Gold and Silver🔥🔥 📱Buy Gold/Silver Bullion https://bit.ly/2WoJHDC 🔒Store Allocated Gold/Silver (Get $5) https://bit.ly/3mS6dNo 🪙Gold/Silver IRA (Get 1st Month Free) https://bit.ly/gldbtc Bitcoin 💎💎 🔐Best Bitcoin IRA (Get 1st Month Free) https://bit.ly/gldbtc 🦢Best Place to Buy Bitcoin (Get $10 BTC) http://bit.ly/swnhrsy 🏪Best Bitcoin Exchange https://r.kraken.com/e3aej 📟Best Bitcoin Wallet http://bit.ly/ldgrwlt Stocks💰💰 💹Best charts (Get $30) http://bit.ly/tvchrts 📈Best all-around https://bit.ly/3zFGSO2 📊Best auto investing https://m1finance.8bxp97.net/QOKA3P 📉Best margin rates https://bit.ly/2XU4sIn Invest in Startups (not publicly traded) 💵 💵 📊Republic https://republic.co 🌱SeedInvest https://www.seedinvest.com 👼Angel List https://angel.co/invest/start Real Estate 🚀🚀 🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24 🏚Borrow for RE Development https://groundfloor-finance.sjv.io/mg... 🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mg... 🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO Misc ⚖️⚖️ 🪜Life Insurance https://bit.ly/3qccFBB 🏥Short-Term Health Insurance https://bit.ly/3vFfgVZ 🎓College Savings Plan https://bit.ly/3iRaCRL 📖Book Insights and Summaries https://blinkist.o6eiov.net/b3azYg 💻Learn to Code https://lambda-school.sjv.io/kjOPAz 🍎Skillshare https://skillshare.eqcm.net/0JY1WM 🏦 Small Business Bank Account https://banknovo.grsm.io/g8joyyssljl3 My Trading/Investing Gear🛠🛠 🖥Thunderbolt Monitor https://amzn.to/3xwbqji 💻M1 MacBook Pro https://amzn.to/3iR3gxB 📶Best WiFi Router https://amzn.to/3gIIoG9 🔊Speakers https://amzn.to/35vEM58 📲M1 iPad Pro 12.9inch https://amzn.to/2TGb1w7 ⌨️iPad Magic Keyboard https://amzn.to/3zAIN6f ✏️Apple Pencil https://amzn.to/3zyHu7S 📚Incerto https://amzn.to/3mO57VX Support the Channel💪🏼💪🏼 💸Patreon / heresyfinancial ☕️Merch https://heresy-financial.creator-spri... 🤝Join as Member http://bit.ly/joinhrsy I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial. #deficitmyth #taxes #magicmoneytree