Moral hazard is the idea that if you have this, whether the auto or health kind, you'll be less careful
[DOC] [TLE] Dr. Ben Bernanke On The Courage To Act  The Hugh Hewitt Show [PAR] Oct 15, 2015 ... And I'll tell you, my guest host yesterday when I was not on the show was former 
.... about and debating, and even if the chair has to be kind of careful of exactly 
how ..... BB: Well, whether it makes sense or not, let me just first say that the Fed 
has ... BB: Well, the moral hazard comes from the insurance idea.