tag:blogger.com,1999:blog-4732407426313451205.post3417338903841641094..comments2024-03-08T15:43:20.236+00:00Comments on Keynesian Liberal: The Myth of Tory Economic CompetancePeter Wrigleyhttp://www.blogger.com/profile/16481117156930677255noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4732407426313451205.post-50994872464251463232022-01-31T18:02:42.429+00:002022-01-31T18:02:42.429+00:00Thanks for your comment. I've just read up a ...Thanks for your comment. I've just read up a little bit on Google and realise there are several sides to the SWF debate. What I had in mind was something similar to the purpose of the Norwegian fund, which the Norges Bank defines as follows:<br /><br />The aim of the oil fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources, so that this wealth benefits both current and future generations.Peter Wrigleyhttps://www.blogger.com/profile/16481117156930677255noreply@blogger.comtag:blogger.com,1999:blog-4732407426313451205.post-68689632106891152942022-01-31T13:00:56.578+00:002022-01-31T13:00:56.578+00:00I agree with most of what you say but not about ru...I agree with most of what you say but not about running a Sovereign Wealth Fund. Running a SWF is a way of exporting capital to lower the exchange rate. I don't think you'll find an example of anyone running one who doesn't, or didn't, have this as their motivation.<br /> Peter Martinnoreply@blogger.com