Then go here, read Zero Hedge's Pimco Offloads 40 Billion In Treasurys, As Front Running Fed Creates Billions Of Profits; Gross Does Not Expect QE2 On Sept. 21st; Pimco's "Fed Front Running" Tell Exposed, and get ready to get mad: http://www.biiwii.com/analysis.htm (3rd item down).
How duped are we? Well, aside from the $823,200 taxpayers spent on a UCLA study on African penis washing (hey, it's just chump change right?) as part of the economic stimulus (and just how stimulating is this, anyway?) there are much bigger concerns, like how policy makers and some privlaged elite continually front run the entire system, the rules of which most regular people are compelled to follow.
Ben Bernanke did a masterful job of laying out those US Treasury breadcrumbs and the herd lapped them up - after Bill Gross got his fill of course.
