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During quantitive easing (QE) periods, there were a lot of talks in financial media about liquidity trap. I wonder, ifyou could explain and elaborate on

During quantitive easing (QE) periods, there were a lot of talks in financial media about liquidity trap. I wonder, ifyou could explain and elaborate on that. What are the disadvantages of liquidity trap? Do you see any benefits? A paragraph or two would be great. Thank you.

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