Bond King Bill Gross Thinks We Have Fake Markets

#12506
Assistanc3
Participant

Imagine if the Central Banks, who so far have invested $19 trillion dollars into the financial market used that money to invest in infrastructure.

To put it into perspective, US President Donald Trump wants $1 trillion to invest in US infrastructure, while the Civil engineers say fixing US infrastructure will take $4.6 trillion.

$19 trillion dollars into a global infrastructure plan would create well paying jobs, which would then create more tax revenue and also raise the average wage, and reduce the need for raising minimum wage and create higher inflation which would raise rates to normal.

The Central banks experiment has failed
The Dwight D. Eisenhower plan was successful