This could be the cause of a hyperinflationary policy error which I have been alluding to for the past several years. The policy error is not in the simple setting interest rates, but the Fed's failure to regulate the banking system and manage its risks. In this the Fed, particularly under Greenspan, was an abysmal failure, and improvement has not been forthcoming.
this is a quote from the post linked here
http://jessescrossroadscafe.blogspot.com/2012/02/critical-mass-mispricing-of-derivatives.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29
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