Earlier quoted context omitted.
No problem here? It goes through so many servers, unencrypted…
Well, what would you do with an encrypted password sent to you by email? How do you propose to solve this? Using password reset links instead changes very little.
Actually it changes a lot. Password reset links are one time only, and they get sent before you change your password. Mailing your password in plaintext after you've just changed it means it's good even if someone gets a hold of it months or years later. That's significantly worse.