Alaska Permanent Fund
The Alaska Permanent Fund provides a model for creating a social wealth fund for America. Script: Ryan Cooper Voiceover: Elizabeth Bruenig Audio Editing: Alex Williams Animation: Bran Dougherty-Johnson
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Toby, Here is a little secret, Social Security is deliberately mismanaged. Created in 1976 The Alaska’s Permanent Fund, managed by the Alaska Permanent Fund Corporation (APFC), invests oil revenue in stocks, bonds, real estate, and more. The fund grew and pays annual dividends (PFDs) to residents.
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