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Federal Reserve: Monopoly or Lender of Last Resort? On Full Disclosure Network(R) Internet TV Series (Segment 2 of 6)

WASHINGTON, March 26, 2014 /PRNewswire-USNewswire/ -- The Federal Reserve debate continues, with surprising agreement between Scott Minerd, Chief Investment Officer and Founding Partner of Guggenheim Partners, who is also a member of the New York Federal Reserve Bank's Market Advisory Board, and G. Edward Griffin, author of "The Creature from Jekyll Island," in this 2 minute preview video here of the second of six segments on Full Disclosure Network(R) Internet Video Series. Griffin considers the fiat money, with no precious metals to back it, an insidious tax on the people. He argues that to moderate to deflation/inflation cycles, Congress took the wrong approach by allowing states to print more fiat money with no reserves to back it up. Minerd posits that by creating additional credit to allow the U.S. government to finance World War I, inflation spiked at an unacceptable high, and that was arguably and ultimately the part of the issue that created the Great Depression. Watch the full video report here:

The News Behind the News:

The Emmy Award-winning Full Disclosure Network(R) is "the news behind the news," focusing on the crucial issues confronting the U.S. today. Experts in diverse fields present their observations of local, state, federal and international actions and policies that directly affect the public. The wide range of subjects include Murray Fromson, Professor, USC Annenberg School of Journalism, "Political Ethics of the Press"; Jon Coupal, President, Howard Jarvis Taxpayers Association, "News Blackout on School Bond Vote Scam"; David Tokofsky, LAUSD School Board member, "LAUSD School Bonds & Secret Meetings"; and many more informative, one-on-one interviews. Since 1992, the Full Disclosure Network(R) programming has been featured on public cable channels and on the Internet at

What Is The Full Disclosure Network(R)? for more information about the Emmy Award-winning Producer/Host Leslie Dutton and Producer TJ Johnston.

Related Links:

Federal Reserve - Banking Cartel or Economic Stabilizer?

Judicial Arrogance Defrauds Taxpayers

Contact:  Helga Gendell 310-822-4449  

SOURCE Full Disclosure Network

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