Brian Armstrong: The U.S. Constitution lacks a cap on government spending growth and a requirement for currency to be backed by hard assets

According to Odaily, Brian Armstrong posted on X 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 money to be backed by hard assets. Without these two components, every democratic country inevitably heads toward increased debt and eventually loses reserve currency status, as discussed in The Changing World Order. U.S. debt stands at $39 trillion, increasing by approximately $1 trillion every 100 days, and current interest payments have already surpassed the defense budget. The existing mechanisms cannot stop this trend. Politicians are elected by promising to offer free benefits funded by others; while some voters benefit now, the negative effects of spending are shouldered by future generations who do not yet have voting rights, leading to a broken incentive structure. Solutions include drafting new constitutions in frontier regions such as Mars, special economic zones, or cyberspace; adjusting incentives in the current system through amendments, which is politically challenging; or achieving extremely high economic growth driven by AI, robotics, and cryptocurrency that outpaces inflation.