Thought Experiment: Creating a Universal Fund Modeled on Sovereign Wealth Funds
By
chaseadam17
An everything bagel for the brain. Substantive, layered, well-seasoned.
Summary
The article discusses a thought experiment about creating a universal fund that operates like a sovereign wealth fund, where donations are invested rather than spent directly, generating sustainable cash flow for basic needs like housing, food, and clothing. The author explores the concept of using investment returns to create perpetual basic income streams, suggesting that even small initial contributions could grow significantly over time through compounding returns.
Key quotes
· 5 pulledI've long played around with the thought of what would happen if someone started something like the universal-fund you mentioned, but had it snowball like a sovereign fund?
ie, instead of spending the in flow, invest it and only spend the profits from the investments, for example
Particularly for basic needs like housing,food,clothes...
Like what if instead of giving a charity $100 we created 41c per month? of UBI (roughly the cashflow from investing that same $100)
Yes it would seem too little today, but in time it would be massive because it would never dissipate.
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