The Fed is buying bonds from publicly trading companies with no collateral. This creates a disequilibrium in the market that can be exploited. Let's discuss the contradictions:

1. Many public companies go bankrupt, their ticker symbols are available for nearly no cost.

2. Once a private company takes over a ticker symbol they have rights to the public entity.

3. The private/public company can issue bonds....any amount. The Fed will buy them with real US currency.

4. The private/public company can go bankrupt, there will be nearly no assets backing up the bonds.

Essentially the Fed has created a system that allows companies to print money legally...with no risk.

How do I know about this? In 2007 I met a fraudster on Hatteras Island. He loved my Downtube branded bikes and wanted me to get a ticker symbol to print worthless shares. I was amazed that people actually do this nonsense. 

The only thing that keeps markets stable is the collateral requirement on bonds. The Fed has removed this, so fraudsters can print an endless supply of money. I am certain this is happening right now, and it could have negative consequences for the stability of our entire economy ( if left uncheck for too long ).