Well, here's the NY Fed explaining why they think it's bad: http://libertystreeteconomics.newyorkfed.org/2015/10/the-liquidity-mirage-.html#.VhgmFvnnuUm http:/

Well, here's the NY Fed explaining why they think it's bad: http://libertystreeteconomics.newyorkfed.org/2015/10/the-liquidity-mirage-.html#.VhgmFvnnuUm http://libertystreeteconomics.newyorkfed.org/2015/10/the-liq...