MSNBC's Hayes Searched YouTube for the Fed. He Found Weird Stuff

(Bloomberg) -- Wall Streeters may look at the Federal Reserve as the financial system’s last line of defense, the lender of last resort.

But an internet experiment assessing the performance of YouTube’s algorithm by MSNBC host Chris Hayes, also editor-at-large at “The Nation,” shows where some of the kookier opinions of the Fed might get support.

Hayes tweeted that he typed the words “Federal Reserve” into the search bar of YouTube, Google’s video-sharing website. The first thing that came up? A video called “Century of Enslavement: The History of The Federal Reserve.”

Here’s what else he found.

For the record, federalreserve.gov defines the institution as “the central bank of the United States, [which] provides the nation with a safe, flexible, and stable monetary and financial system.”

--With assistance from Brandon Kochkodin.

To contact the reporter on this story: John McCorry in New York at jmccorry@bloomberg.net

To contact the editors responsible for this story: David Gillen at dgillen3@bloomberg.net, Michael Tsang

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