A 2026 Democratic Party Platform

New Banking, New Dollar Days addresses a few social challenges of today.

  1. $71 trillion created by the Fed since 2008
  2. $31 trillion debt
  3. Inflation
  4. Bungee economy pricing going up and down daily

Definition

New Banking, New Dollar Days is defined to mean the US issues a new dollar to be used for day-to-day activities without any financial market. The notion is to create stable pricing by separating the new dollar from the financial markets that are gaming today’s dollar.

2026 New Banking, New Dollar Days Program

The Fed, or Central Bank, has been completely irresponsible creating trillions of dollars after 2008. The people who are impacted in the worst way are Main street Americans. This program creates a new dollar good for all debts public and private. States will manage the new dollar. Each State will have a commission assigned to manage the money supply for that State. New State banks prohibited from operating in any other State are to be created. There is to be no Federal involvement except to legislate the States the authority to issue the new dollar per State policy.

Exchanges

States will set the exchange rates for new dollars between States.
States will set the exchange rates for old dollar for the financial markets.
States will set the rules of exchange for that State.
States will set the rules of exchange for Federal taxes and payments.
All businesses operating interstate commerce must abide by the exchange rate.
There are to be no fees for currency exchange as the States will be the only authorized clearing houses.

Activities

States will regulate what activities must use the new dollar. For example:

  1. Wages
  2. Retail
  3. Restaurants
  4. Mortgages
  5. Savings interest rates
  6. Credit interest rates

Objectives

The objective is to bring back “the value of a dollar”. There is no value today given how volatile pricing has been in our existing bungee economy. By doing things such as fixing a single interest rate for savings and credit that people can plan a life around for fifty years. The old dollar is still the dollar of investment. The old dollar can be exchanged for the new dollar at rates set by each state.

The Federal government has become completely incompetent at managing currency. It is now buying crypto that Main street doesn’t use daily. The objective is to have States manage the new dollar per State with no Federal legislation except to approve the new dollar as authorized Federal currency good for all debts public and private.