Time to worry about illiquidity - Free Policy Briefs "At a time when central banks have injected unprecedented amounts of money, worrying about illiquidity may appear odd. However, if poorly understood and unaddressed, illiquidity could be the foundation of the next financial crisis. Market liquidity is defined as the ease of trading a financial security quickly, efficiently and in reasonable volume without affecting market... " http://freepolicybriefs.org/2016/05/16/time-worry-illiquidity/