cnix on Nostr: Good morning. Trump signed an Executive Order yesterday to create a sovereign wealth ...
Good morning.
Trump signed an Executive Order yesterday to create a sovereign wealth fund. These are usually implemented to absorb trade surpluses, which the US does not have. The Treasury Secretary stood by his side and said he was going to “monetize the asset side of the US balance sheet”. 🤷♂️ 🤡 🌎
https://fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html
Trump signed an Executive Order yesterday to create a sovereign wealth fund. These are usually implemented to absorb trade surpluses, which the US does not have. The Treasury Secretary stood by his side and said he was going to “monetize the asset side of the US balance sheet”. 🤷♂️ 🤡 🌎
https://fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html