WHAT DOES “BAIT INTO HAZARD” MEAN? —“You often say “bait into hazard”, any cha

WHAT DOES “BAIT INTO HAZARD” MEAN?

—“You often say “bait into hazard”, any chance you could explain that in more depth? I don’t really get what you mean

Are you talking about moral hazard in economics? And what’s the baiting?”—

If I suggest you might win at gambling (you can’t), that’s baiting you into hazard. If I entice you into buying drugs, i’m baiting you in to a hazard, since addiction is a spiral.

If I offer you a loan to get what you want under impulse or duress, but I can extract interest from you, and then seize your property in restitution.

If I promise you equality or socialism when it’s genetics that cause our differences, and you act to destroy your civilization, then that’s all baiting into hazard.

if I promise you salvation in heaven if you rebel against the government that is trying to create order and prosperity over the next few decades, that is baiting you into a hazard.

In other words, you are entering into a voluntary exchange that is not in your interests, simply because for whatever reason you are vulnerable to the trap.