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213
"HAPPENING NOW: President Trump signs an Executive Order calling for the creation of a Sovereign Wealth Fund💸" (twitter.com)
posted 1 year ago by purkiss80 1 year ago by purkiss80 +213 / -0
49 comments share
49 comments share save hide report block hide replies
Comments (49)
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▲ 50 ▼
– Revodude 50 points 1 year ago +50 / -0

You don’t do that unless you are expecting big and sustained surpluses.

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▲ 23 ▼
– purkiss80 [S] 23 points 1 year ago +23 / -0

Yip...Trump was talking about Including BTC and possibly XRP....Could be Fantastic news for Crypto as well...

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– Fringe--dweller PRO 6 points 1 year ago +6 / -0

I'm invested in DOGEcoin so I'd like to see it included as an asset, Elon has an interest also.

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▲ 10 ▼
– purkiss80 [S] 10 points 1 year ago +10 / -0

I've accumulated 8000 XRP over the last year or 2 amongst others so I'm lookin forward to more increased profit ...then I can retire

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▲ 8 ▼
– ILearnedToCode 8 points 1 year ago +8 / -0

I'm at 20k xrp :) patiently waiting for the next big boom

Bought all 20k of them sub $0.30 4 years ago

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▲ 5 ▼
– purkiss80 [S] 5 points 1 year ago +5 / -0

Very nice....I bought at average $0.45....

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– deleted 1 point 1 year ago +1 / -0
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– Rooks 2 points 1 year ago +2 / -0

That's nothing, in my BG, TotSC I have at least 100k XP PER PARTY MEMBER.

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– deleted 2 points 1 year ago +2 / -0
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– Rooks 3 points 1 year ago +3 / -0

Experience points. 😁

Baulders Gate: Tales of the Sword Coast.

My whole partey are level 7 and higher. Took a long time.

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– deleted 2 points 1 year ago +2 / -0
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– Bibloop 2 points 1 year ago +2 / -0

Same.. and now I'm investing in Hbar too while it's still cheap. HBar will be used by Ripple too because it solves/fixes alot of issues with coins like security, efficiency, etc.

Btw, you or a mod who's well versed with the crypto stuff should make a post explaining the difference between CBDC and XRP, and how we were able to avoid implementing CBDC in the US only because we have RLUSD & XRP for liquidity.

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– deleted 3 points 1 year ago +3 / -0
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– deleted 2 points 1 year ago +2 / -0
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– deleted 2 points 1 year ago +2 / -0
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– DemPanicAtTheDisco 4 points 1 year ago +4 / -0

Outside of using a third party service like BitPay, there are virtually ZERO uses of dogecoin.

It's a meme coin with no particularly special or significant feature and no adoption for payment of goods and services.

You are basically investing in tulips or beanie babies.

There are far better coins and tokens out there with superior technology and real world use cases that aren't all hype and speculation.

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▲ 1 ▼
– Bibloop 1 point 1 year ago +1 / -0

You're invested in a meme coin that serves no purpose. Just think about it carefully... do more research.

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– Fringe--dweller PRO 1 point 1 year ago +1 / -0

who asked you? I didn't say that was my only investment, I have an annuity that pays my bills (I'm retired) I have no debt, I have a significant holding of bullion and I "threw a few bucks" at 2 cryptos, XRP and Doge, out of curiosity.

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▲ 2 ▼
– Bibloop 2 points 1 year ago +2 / -0

Ok just consider my comment deleted Sorry

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– Bibloop 1 point 1 year ago +1 / -0

More like XRP, and possibly Bitcoin - BECAUSE CHINA OWNS ALOT OF BITCOIN, alot are mined overseas so technically it's not Made in the USA. Also it's useless and serves no purpose.

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– deleted 2 points 1 year ago +2 / -0
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– Bibloop 2 points 1 year ago +2 / -0

I just found this post - Gold backed Stablecoins

https://x.com/VersanAljarrah/status/1865625024121512383

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– deleted 2 points 1 year ago +2 / -0
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– deleted 31 points 1 year ago +31 / -0
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– queue-anon 9 points 1 year ago +9 / -0

ALL taxes please.

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– ScienceGuyWontComply 6 points 1 year ago +6 / -0

If Trump can get rid of property taxes he will win a third term in a landslide.

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– queue-anon 3 points 1 year ago +3 / -0

Originally property taxes were implemented due to Land Hoarding. How would we prevent that? Put a cap on it, like 1 per customer?

I'm all for it, just wondering the solution

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▲ 4 ▼
– ScienceGuyWontComply 4 points 1 year ago +4 / -0

This is a great question, and funny enough, land hoarding is currently a huge problem now, it just that it's a handful of big corps doing the hoarding, especially single family homes so I don't know what the right solution would be.

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▲ 4 ▼
– Donutterrian 4 points 1 year ago +4 / -0

Well, it's not working so something else is in order.

Maybe single family homes should only be purchased by people, and allow corporations to only purchase commercial property.

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– SOGWAP 1 point 1 year ago +1 / -0

It never stopped land hoarding so it's useless for the late purpose and destructive to freedom. It has to go.

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– queue-anon 25 points 1 year ago +25 / -0

A Sovereign Wealth Fund (SWF) could be a game-changer—but only if structured to benefit American citizens, not bureaucrats.

Instead of endless taxation and deficit spending, imagine a fund where natural resources, tariffs, and strategic investments generate wealth—and that wealth is distributed to citizens in the form of dividends, not wasted on government bloat.

🔹 How it Works:

  • Revenues from oil, gas, minerals, and tariffs flow into the fund.

  • Strategic investments in infrastructure, AI, and energy independence grow national wealth.

Instead of hiking taxes, profits are returned to Americans as a national dividend—like Alaska’s oil fund but on a national scale.

🔹 Why It’s Better Than Taxes:

Reduces dependence on income tax and inflationary money printing.

Gives every American a direct financial stake in the country’s resources.

Creates a self-sustaining economic engine instead of a government spending black hole.

🔹 Who Doesn’t Want This?

Lobbyists and global elites who want America’s wealth siphoned offshore.

  • Big government that thrives on taxation instead of wealth creation.

  • Foreign powers that benefit from U.S. capital outflows.

A Sovereign Wealth Fund should belong to the American people, not politicians.

Time to flip the script—no more we pay, they spend. We own the wealth, we reap the rewards.

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▲ 7 ▼
– motrhed3 7 points 1 year ago +7 / -0

thanks for this informative reply...

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– queue-anon 5 points 1 year ago +5 / -0

Stole it from the comments on X, np

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– TakeItBack 5 points 1 year ago +5 / -0

Thanks for putting it HERE!!

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▲ 9 ▼
– LindyLee 9 points 1 year ago +9 / -0

He also mentioned putting TikTok in the SWF if a deal can be reached. Think of the continuous income that would generate.

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– purkiss80 [S] 3 points 1 year ago +3 / -0

👍👌

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– deleted 1 point 1 year ago +1 / -0
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– dbsupernova 8 points 1 year ago +8 / -0

Trump mentioned the Saudis in his remarks.

The Saudi Sovereign Wealth Fund was financed by assets seized during the 2017 anti-corruption purge, which was then transformed into a Public Investment Fund.

Was this fund created for all the asset forfeiture called for in his previous executive orders?

https://x.com/reBurningBright/status/1886555713117323748

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▲ 6 ▼
– TaQo 6 points 1 year ago +6 / -0

From AI generated Google bs:

sovereign wealth fund (SWF) is a state-owned investment fund that invests money generated by the government.

SWFs are often funded by a country's foreign exchange reserves or surplus from commodity exports.

How do SWFs work?

SWFs invest in financial assets like stocks, bonds, and real estate.

They can also invest in alternative investments like private equity funds and hedge funds.

SWFs are managed separately from official currency reserves.

SWFs are long-term investors that aim to earn a profit.

What do SWFs do?

SWFs help stabilize a country's economy.

SWFs help save for the future.

SWFs help fund projects that improve the lives of citizens.

SWFs help diversify a country's economy.

Examples of SWFs

China's SWF, which has invested in Morgan Stanley and the Blackstone Group

Dubai's SWF, which has invested in Sony and other Asian companies

Singapore's SWF, which has invested in Global Crossing

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▲ 1 ▼
– DRan 1 point 1 year ago +1 / -0

https://www.statista.com/chart/24060/the-worlds-biggest-sovereign-wealth-funds/

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– MathDoesntAddUp 3 points 1 year ago +3 / -0

Why does this have the makings of NESARA written all over it?

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– deleted 4 points 1 year ago +4 / -0
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– 11823 2 points 1 year ago +2 / -0

Well if they seize the assets of…. Oh let’s say BlackRock…. Or maybe Vanguard, they will need a place to park them.

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– Bibloop 1 point 1 year ago +1 / -0

Look what Jack Dorsey just posted.. he was always for Bitcoin..What happened?

https://x.com/BrittoXrpl/status/1886512723820773733

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– deleted 1 point 1 year ago +1 / -0
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– Bibloop 2 points 1 year ago +2 / -0

Yeah he did

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– deleted 2 points 1 year ago +2 / -0
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– JackieDaytona74 1 point 1 year ago +1 / -0

The past two weeks have been difficult ones for this armchair economist to keep the tears out of his eyes.

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