Moral Hazard? That’s No Moral Hazard! This is Moral Hazard!
December 15, 2007 – 5:58 amWhat do Crocodile Dundee and the Federal Reserve have in common? The famous line from the movie summarizes the similarity. They are both capable of creating more havoc than is even a New Yorker would think possible. Dundee’s weapon of choice was the knife. The Federal Reserve is into moral hazard. Click below for more.
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