Federal Reserve: Friend or Foe? #652-3

Author G. Edward Griffin explains that during the 1920s, the expansion of money supplies was not a steady advance but a series of convulsions, each cycle at a higher level than the previous one.

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Federal Reserve: Monopoly or Lender of Last Resort? #651-2

In this second segment of the on-going series, B. Scott Minerd, Global Chief Investment Officer of Guggenheim Partners describes the Federal Reserve as a novel concept in being a marginal provider of liquidity in times of crisis, such as the 1907 financial panic of skyrocketing interest rates.

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