The quote is from a biography following a article written by
The Globe Mail on PIMCO's Bill Gross titled "
The obsessive life of bond guru Bill Gross". On getting out of the crisis
"Ultimately the question becomes how many checks do you have to write, and how many checks can you write. A lot of people say you can’t solve a debt crisis with more debt. You have a big contingent there. Then you have the other contingent… that would say as long as the dollar is the reserve currency, and as long as the Fed can write checks, then we can do anything we want to do. These are the balls that you juggle."
And we are juggling...
By Hedge Ly
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