Some argue that furnishing members with rapid and front-loaded liquidity insurance would encourage irresponsible policies or reckless borrowing. Admittedly, it could help members cope better with volatility and, therefore, be more open to inflows of short-tern capital, but this need not result in bad policies.
有些人辩称，为成员国提供迅速和前载型的（front-loaded）流动性保险可能会鼓励不负责任的政策或轻率的借款。诚然，它可以帮助成员国更好地应对波动性，并因此使它们对短期资本的流入持更开放的态度，但是这不是必然会导致很坏的政策。考虑到挽救罗森若克银行和贝尔斯登的行动，在这里夸大“道德风险”的观点听起来是很伪善的。