The resolution encourages the State Treasurer and State Investment Board of North Dakota to consider investing a portion of state funds, including the general fund, budget stabilization fund, and legacy fund, in digital assets and precious metals. This recommendation arises from concerns about inflation eroding the purchasing power of state funds and the need for financial stability and economic security. The resolution emphasizes the importance of diversifying investments to safeguard the state's financial resources against inflation and other economic uncertainties.
By urging these investments, the resolution acknowledges the changing economic landscape and the potential benefits of exploring emerging investment opportunities. It aims to ensure that the state's financial resources are prudently managed to preserve their value and protect against future economic challenges. The Secretary of State is tasked with forwarding copies of the resolution to the State Treasurer and members of the State Investment Board to facilitate this initiative.