
Ep. 2676 Inflation vs. Families, Children, and Social Health
The Tom Woods Show
00:00
Exploring Moral Hazard in Banking and Housing Markets
This chapter explores moral hazard in the banking system, focusing on the Federal Reserve's role as a lender of last resort. It highlights how this leads banks to adopt riskier lending practices, particularly in Florida's housing market, and discusses the implications for financial stability in the face of disasters.
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