What is Moral Hazard?
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In helping to correct a problem which originated in past poor moral judgments, creating incentives for the same problem to repeat in the future without addressing the original poor moral judgments. Since there is an expectation that one was helped once, one will be helped again.
Giving money to banks which do not reform their mortgage lending practices creates a moral hazard
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Random Words:
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Person who lives in a dream world that they own a cool car. When in reality that car is actually a peice of shit Nissan, with neon ligh..
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Having a successful loot.
Aye dawg, check out my new big screen and Nikes. Thanks to the hurricane, I had a lootarific day!
See loot,..
