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.

Gross manages one of the world's largest mutual funds focusing mostly on bonds. He then traded the Inverted Jenny Plateblock to Donald Sundman President of Mystic Stamp Company a stamp dealer for a 1-cent 1868 "Z Grill" depicting Benjamin Franklin thus completing Gross's 19th century collection. Part of his family is originally from Winnipeg Canada.

William Hunt "Bill" Gross (born April 13 1944) is an American financial manager and author. 0 billion Total Return Fund (PTTRX). This article concerns the PIMCO bond manager; for the business-startup manager see Bill Gross (entrepreneur).