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:
1.
to be a part of something or to agree with something
He was speaking so passionately and I was really feeling it.
2.
if u wanna do so..
1.
Like the word lollerskates, but using w00t instead of lol.
I just made it up. Yay for me!..
