Submitted by Tyler Durden on 10/22/2012 - 10:51
Bill Gross PIMCOBill Gross has become quite the expert at explaining the Fed's flawed, ruinous and destructive "policies" in 140 characters or less. Today is no exception.
✔@PIMCO Gross: Fed merry-go-round: inflate stocks til 2000. Then inflate housing til 2007. Then inflate stocks til 2012. Now inflate housing again.