Full Disclosure Network

This Segment #3 of the Federal Reserve Series features B. Scott Minerd, Chief Investment Officer of Guggenheim Partners, LLC. G. who also is a member of the Market Advisory Board of the New York Federal Reserve Bank.

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The News Behind the news: Author G. Edward Griffin claims the Federal Reserve has been a scam on the American people from its founding 100 years ago.

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Author G. Edward Griffin states that Quantitative Easing is a tricky word that sounds good, but is another way of creating money out of nothing and stealing from the taxpayers through inflation.

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Allan Meltzer, Ph.D., American Economist, Senior Fellow, Hoover Institute, and author of a three-volume history of the Federal Reserve, describes working with U.S. Senators Sherrod Brown (D-OH), and David Vitter (R-LA) to help write a bill that would downsize banks "too big to fail," to protect the public and smaller community banks by helping to level the playing field.

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News Behind the News: Scott Minerd offers a critical analysis of the first hundred years of the Federal Reserve.

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Declaring the sky was falling, the leaders of the major investment firms implored the US government officials and the Federal Reserve to fund the tremendous losses of their companies.

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