Quote:
Originally Posted by woj
you guys should leave analyzing CPI, PPI, GDP, ECI, ICs etc to those that have a clue...  |
Bill Gross, the manager of Pimco Total Return, the nation's largest bond fund, refers to the CPI as a "con job" that deliberately understates the price pressures faced by Americans in order to keep Social Security payments and other government costs pegged to the index unduly low.