[prostoalex]

As a seller of products or services, what motivation do you have to peg the price of your products or services to such an inflationary measure?

Developing countries frequently switch to USD/EUR in times of financial calamities, as marketplaces there gravitate towards currencies that preserve wealth, not erode it, which is what you're planning to institutionalize.

[spinachthrow]

The problem with that is that any wealth tax will be at least in part a cause of global inflation (assuming it's a US tax).