The Hard Times Cafe

Faster Inflation May Unleash `Financial Tsunami'

"Sedacca wrote that current financial-market conditions remind him of ``someone standing on a lonely beach, armed with only a small bucket, trying to stop a rare tsunami that hits the shores. It is how I feel about our markets and the tools being utilized by the Federal Reserve, the European Central Bank and other regulatory bodies. They are overmatched for what they are facing and, worse yet, they helped create the mess in the first place by being far too easy with money and debt creation.''

Link to article in its entirety below

http://www.bloomberg.com/apps/news?pid=20601087&sid=a8j2MuFdqA3s&refer=worldwide