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

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 lacks two crucial elements: a cap on government spending growth and a requirement for hard asset-backed currency. Without these two elements, every democracy will move toward more debt and ultimately lose its reserve currency status, as can be seen in *The Changing World Order*. The U.S. national debt stands at $39 trillion and increases by about $1 trillion every 100 days. Currently, interest payments have already exceeded the defense budget, and existing mechanisms cannot stop this trend. Politicians are elected by promising free benefits funded with other people's money. Some voters benefit now, while the negative impact of spending is borne by future generations who are not yet eligible to vote. The incentive structure has failed. Solutions include drafting new constitutions in frontier regions, such as Mars, special economic zones, or cyberspace; adjusting the incentive structure in existing systems through amendments, though this is politically challenging; or achieving ultra-high economic growth that outpaces inflation through AI, robotics, and cryptocurrency.