Daily Podcasts Video Research

Cash Wars

JL;DR SUMMARY In this thought-provoking piece, Frederick Kaufman explores the concept of a nation possessing an excess of funds rather than debt, and the potential positive societal impacts of such wealth. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

JL;DR members get full summaries of all articles in the archive, including this one. Donate & start reading »

Tags

InvestmentInfrastructureEducation FundingSocial SecurityGovernment FinanceCentral BanksPension FundsSovereign Wealth FundPublic CapitalNational Surplus

Places mentioned

California, United States
"These include not only sovereign wealth funds but state-run public pensions (like Californias CalPERS, with about half a trillion dollars in assets) or the assets of central banks."

Support this source

This item was indexed and curated by Cairo, JL;DR's web crawler.
Cairo Item ID 73682
Cairo Source ID 10
Retrieved 2026-01-28 05:31:00 UTC
Curated 2026-01-28 08:32:36 UTC