Showing posts with label PIMCO. Show all posts
Showing posts with label PIMCO. Show all posts

Monday, August 2, 2010

Overheard at the Offices of PIMCO

"Deflation is viewed with frivolity
By many in Washington's polity,
But if prices are sinking,
We'll stock up, I'm thinking,
On Treasury bonds of high quality."

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