Why doesn't the United States start a sovereign wealth fund? What are the advantages/disadvantages of having one?
the usa has many
they are prone to corruption
alaska, calpers, and tons of pension funds
The USA doesn't have a sovereign wealth fund because its stock market and bonds are already highly desired investments. The USA can't just buy their own assets so they spread the Dollar around for people to invest in USA.
>>1725350
>the USA can't just buy their own assets
That's where you're wrong kiddo
>>1725373
Of course they can but we're talking about investing not kicking the can of debt down the road.
>>1724853
as the world reserve currency they don't need a sovereign reserve so much as they can print them selves whatever money they want any time, in fact that is exactly what they have been doing
The US has a number of sovereign wealth funds, they can be viewed here.
http://www.swfinstitute.org/sovereign-wealth-fund-rankings/