Well, here&#x27;s the NY Fed explaining why they think it&#x27;s bad:<p><a href="http:&#x2F;&#x2F;libertystreeteconomics.newyorkfed.org&#x2F;2015&#x2F;10&#x2F;the-liquidity-mirage-.html#.VhgmFvnnuUm" rel="nofollow">http:&#x2F;&#x2F;libertystreeteconomics.newyorkfed.org&#x2F;2015&#x2F;10&#x2F;the-liq...</a>