Quotes from Bill Gross

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.

I am obsessed with delivering value to investors and winning the game from a personal standpoint.

It's going to be difficult to stimulate the real economy in the U.S. at a faster rate than 2 percent and perhaps even less if we have that fiscal cliff in December or January 2013.

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

Accountants, machinists, medical technicians, even software writers that write the software for 'machines' are being displaced without upscaled replacement jobs. Retrain, rehire into higher paying and value-added jobs? That may be the political myth of the modern era. There aren't enough of those jobs.

If financial assets no longer work for you at a rate far and above the rate of true wealth creation, then you must work longer for your money.

Finding the best person or the best organization to invest your money is one of the most important financial decisions you'll ever make.

Favouring employment versus the financial markets is a decent policy; certainly not beneficial for the currency or the gilt market, but beneficial for the people.

We are witnessing the death of abundance and the borning of austerity, for what may be a long, long time.

I have a 41-year track record of investing excellence… what do you have?