Brian Armstrong: The U.S. Constitution Lacks a Government Spending Growth Cap and a Hard Asset-Backed Currency Requirement

Odaily Planet Daily News Brian Armstrong posted on X, stating that the U.S. Constitution is the most important political innovation in history, but it is missing two key elements: a cap on government spending growth and a requirement for hard asset-backed currency. Without these, every democracy trends toward more debt and eventually loses its reserve currency status, as seen in The Changing World Order. U.S. debt stands at $39 trillion and increases by approximately $1 trillion every 100 days. Interest payments now exceed the defense budget, and the current mechanism cannot stop this trend. Politicians are elected by promising free benefits using other people's money. Some voters benefit in the short term, while the negative impact of spending is borne by future generations who have no voting rights. The incentive structure is broken. Solutions include drafting new constitutions in frontier regions such as Mars, special economic zones, and cyberspace; amending the existing system to adjust incentives, though politically challenging; or achieving ultra-high economic growth that outpaces inflation through AI, robotics, and cryptocurrency.