News Behind the News: Scott Minerd offers a critical analysis of the first hundred years of the Federal Reserve.
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Due to his unconventional views, Scott Minerd, the global chief investment officer of Guggenheim Partners is serving on the market advisory committee to the New York Federal Reserve Bank. He explained the initial purpose of the founding of the Fed and gives a critical analysis of the successes and failures of the Fed, noting the Great Depression and the recent Great Recession.
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