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Sovereign Wealth Funds Briefing - Categorized | Financials

The sovereign wealth fund solution

Posted on 20 March 2014

A SWF is a huge pile of capital that is owned by the state and invested for a return just like a mutual fund, a pension fund, or a university endowment. The wealth of such funds is, by definition, held collectively by the public, instead of being held privately.
To the extent that wealth concentrating in the hands of a tiny few is our concern, one obvious way to prevent that is to have the public hold a bunch of it collectively. If the public owns it, the super-capitalists don’t. That helps check our wealth inequality problem………………………………………..Full Article: Source


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VRS - who has written 15806 posts on Opalesque Sovereign Wealth Funds Briefing.


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