Action Quote by Bill Gross
“Damn inflation, full speed ahead,' Greenspan has said in both action and word. I think an investor should believe him and invest accordingly.”
About This Quote
Bill Gross interprets Alan Greenspan's actions and words as favoring inflation, advising investors to believe him and invest accordingly.
In simple terms: Greenspan's actions suggest inflation is coming.
Follow central bank signals for investing.
Themes
Mood
Type
When to use this quote
- Investment strategy
- Economic analysis
Key Concepts
Questions to Reflect On
- How do you interpret central bank signals?
Central bankers can be misleading.