Bill Gross On The Cornerstone Of Capitalism | Exploring Markets

Bill Gross On The Cornerstone Of Capitalism

"In the final analysis, while there is no better system than capitalism, it is incumbent upon it and its policymakers to promote a future condition which offers hope as opposed to despair. Capitalism depends on hope – rational hope that an investor gets his or her money back with an attractive return. Without it, capitalism morphs and breaks down at the margin." - Bill Gross

SOURCE: Games People Play, Bill Gross Investment Outlook, Janus Capital, February 2015