Bill Gross: Central Banks Printing Money Like Gangbusters
January 11 — The world's central banks are "printing money like gangbusters," which could revive the threat of inflation , Pimco founder Bill Gross told CNBC Wednesday.
By putting "hundreds of billions" in currency in circulation, the central banks "can produce reflation—that's why we’re seeing the pop in oil, gold" and other commodities, he said in a live interview. Read more and watch the video.
