Thursday, May 22, 2008

Bill Gross on Inflation.

Bill Gross came out with a pretty scathing article today, questioning the low inflation numbers used in the US. He made a clarion call to fellow Americans to get off the couch and shape up – physically, intellectually, and institutionally His arguments made a lot of sense, and I suggest reading the whole article.

Gross was also on CNBC:

His bottomline: Invest in BRICs and countries which are more transparent about their inflation numbers, with authentic real growth and inflation rates.