“But like (former Fed chairman Paul) Volcker recognized in 1979, the time has come for a new thesis that restores the savings function to developed economies that permit liability based business models to survive – if only on a shoestring – and that ultimately leads to rejuvenated private investment, which is the essence of a healthy economy, near term pain? Yes. Long term gain? Almost certainly. Get off zero now!
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- Reuters 9 years ago
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"Bill Gross Quotes." Quotes.net. STANDS4 LLC, 2025. Web. 1 Feb. 2025. <https://www.quotes.net/citizen-quote/124893>.
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