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Navigating the U.S. Sovereign Wealth Fund Debate
This chapter explores the complexities of establishing a U.S. Sovereign Wealth Fund for Infrastructure Development, contrasting it with other nations' sovereign funds. It raises concerns about political manipulation, funding mechanisms, and the potential risks of crony capitalism, while advocating for a more democratic and citizen-focused approach. The discussion also touches on historical precedents and hypothetical models for equitable wealth distribution.