Interest on Nothing & Virtual Financing #651-3

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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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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