Seen everywhere in last U.S. crisis, moral hazard is nowhere in this one

As the U.S. Federal Reserve rolls out trillions of dollars to blunt the economic fallout of the coronavirus pandemic, there's a notable difference to the last financial crisis: close to zero concern over "moral hazard" - the sticky business of bailing out those whose dilemma is of their own making.

from Reuters: Business News https://ift.tt/34B0bsv