Tier 2 Norwegian Krone

The Thesis

• [UNVERIFIED] The Norwegian Krone is identified as the strongest fiat currency play on the concept of a ‘sovereign fiscal moat’, supported by a $1.7 trillion sovereign wealth fund derived from petroleum revenues.

  the cleanest sovereign fiscal moat play among fiat currencies is Norway, the NOK… they have forward converted petroleum revenue into 1.7 trillion of forward asset uh stock that insulates fiscal solvency from coercion.