The Rubin Trade Transfers Risk Asymmetrically

When a person can collect large rewards for short-term gains while transferring the downside risk into the future and onto others (e.g., taxpayers bailing out an insolvent bank), they capture the upside while invoking uncertainty as an excuse for the downside—'heads I win, tails you lose'—and this higher-order corruption is enabled by governments through bailouts, yet it discredits free markets in the public mind.