Countries that need US dollars, or now Euros, need Sovereign Wealth Funds to avoid having to buy those currencies in an emergency, when exchange rates will be against them. Trump wants one for insider trading and market manipulation. Maybe voting rights.
Hamilton NolanThis WSJ editorial unwittingly makes my point about the danger of Bernie's plan to turn all Americans into AI investors: "give public workers a direct stake in the success of AI and other companies. Maybe then government unions wouldn’t be as hostile to private business." www.wsj.com/opinion/publ...