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Openai/69401093-f800-800a-94fc-a5d69db9f764
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===== 国富ファンドが政治的に毀損する典型は、景気や人気取りで取り崩しが拡大し、長期の複利が破壊されることである。 ===== ノルウェーでは、政府系ファンドの期待実質収益率に基づく支出規律(いわゆるフィスカル・ルール)が財政運営の枠として説明されている。近年は実質リターンの想定を3%程度とする整理が公式文書上でも示されている。Regjeringen.no<ref>{{cite web|title=Regjeringen.no|url=https://www.regjeringen.no/en/whats-new/hoved-pm-engelsk/id3038427/|publisher=regjeringen.no|access-date=2025-12-16}}</ref> 本提案は、これを「政治の裁量を制限し、複利のエンジンを守る」ための制度部品として採用する。
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