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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Build pipeline with PFD investment

Posted on 06 December 2012

Alaskans have about $40 billion invested in our Alaska Permanent Fund. These dollars are invested in businesses and nations throughout the world. Most believe dollars are wealth. In the end, dollars are only a tool used to help the people prosper. Our dollars, created by the private Federal Reserve Bank are accepted around the globe. They are backed by nothing more than the “good faith and credit” of the American people.
One day, the people of the world will no longer accept our dollars, simply on “good faith and credit.” What happens to our permanent fund then? Do we actually own some tangible assets?……………………………………….Full Article: Source

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