PIMCO’s Bill Gross Has Some Harsh Words For TPTB (The Powers That Be)

| February 4, 2011

Here are some snippets from Bill Gross’s February Investment Outlook Newsletter….   Devil’s Bargain Money has become the economic and political wedge for profound changes in American society. Perhaps the most deceptive policy tool to lessen debt loads is the “negative” or exceedingly low real interest rate that central banks impose on savers and debt […]

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