Sunday, September 30, 2012

Top Bond Adviser: Massive Inflation Coming

Bill Gross runs the world’s biggest bond fund at Pacific Investment Management Co. Pimco manages $236 billion in funds. Here's a tweet from Gross this morning:

The major players all see it coming. If you do the math, the money isn't available to pay off government debt. Either the central banks print the money or the countries go into default.

No comments:

Post a Comment