WOW! Nominated 11 times! I guess that journalist must be an expert on everything then. I will just ignore my own knowledge and training now that I know how many times Robert Scheer has been nominated for a Pulitzer. All kidding aside, I have heard of Scheer and he is a respected, if far left-wing journalist — but based on that video, he doesn’t know squat about the Fed.
If you spent 10 quality minutes on Wikipedia, you could learn a lot about the Fed. It is also likely to be a good habit to take the time to acquaint yourself with key subject matter when you are taking the time to compose a (tl;dr) piece. Finally, I recommend Googling the “Gell-Mann Amnesia effect” just for some perspective.