With accurate talk finally going on the record that U.S. Federal Reserve quantitative easing, known as a stimulative dopamine to coin a contrasting term, has “front-loaded” stock market performance, a recent investment letter from Bill Gross is particularly of interest. Without saying as much, Gross notes that the government budget “front-loaded” spending on seniors and that a price will be paid by society. But unlike most economic misfortunes, the fortunate 1% of society may share in the developed nation pain.

Face the fact: Society has front-loaded success and is leaving payment of its debts to future generations
In a blog post out Thursday titled “It’s...

