PE79: Norway's pension fund vs. Money supply

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This is the seventy-ninth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents
00:00 Intro
00:20 Monetary base value
04:50 Gov. pension fund
13:22 Central bank total assets
14:27 % of pension fund

Here I cover the Norwegian central bank's balance sheet. You may be surprised to learn that it's famous, massive "Government Pension Fund Global" sovereign wealth fund is included as part of its total assets (and liabilities). This is quite rare in the world. As well, the size is so massive, 94% of total assets are included in this fund, which absolutely dwarfs the size of Norway's monetary base (the "main thing" that central banks are supposed to be in charge of!).

Prior videos with further info:
https://www.youtube.com/watch?v=fe3WaE8o0rY
https://www.youtube.com/watch?v=OPpTrgPNTz4
https://www.youtube.com/watch?v=zghGPfY3J8I

Host: Matthew Mezinskis
https://porkopolis.io
https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.