What is Nostr?
Farley
npub1far…670r
2024-11-10 14:44:55

Farley on Nostr: Every politician should be compelled to hold only the currency they advocate, ...

Every politician should be compelled to hold only the currency they advocate, creating a direct alignment between their personal financial stability and the economic policies they enact. Since they currently champion the USD fiat currency, they should be required to hold a substantial portion of their wealth in USD, relying on it as their primary store of value. This would anchor their incentives to the realities faced by citizens who depend on the same currency, making them personally accountable to its stability and purchasing power. When they’re subject to the same inflationary pressures and market fluctuations as the public, they’d have a vested interest in policies that genuinely support the dollar’s long-term value, potentially curbing irresponsible monetary policies and excessive national debt.
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