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The idea of making money grow is ingrained in our minds, but it may be more of a myth than a reality. Financialisation, the dominance of financial markets, has led to the belief that individuals must make their money grow. Central banks deliberately devalue currencies, making it harder to save for the future. Inflation erodes purchasing power, pushing people to invest in riskier assets. This creates an economy that prioritizes finance, discourages saving, and normalizes risk-taking. The chase for returns perpetuates instability and hurts long-term sustainability. Solving this issue requires a re-evaluation of money and a shift to a more sustainable financial system. In recent decades, the idea of making money grow has become ingrained in our minds. This is true, especially in developed economies, yet a closer examination reveals that this pursuit may be more myth than reality. Financialisation is the increasing dominance of financial markets and motives in the economy. It has become intertwined with the idea that individuals must seek to make their money grow. This belief comes from the recognition that money loses value over time. Central to this issue is the deliberate devaluation of currencies by central banks. They do this to target the 2% annual inflation rate by expanding the money supply. As a result, saving money for the future has become harder. Inflation erodes purchasing power. This encourages investment in riskier assets to keep pace with inflation. Monetary policies meant to boost growth exacerbate these risks. This results in an economy that prioritises finance. It discourages saving and normalises risk taking. Investing in many financial instruments can create value and spread risk, but the big problem is how the economy became financialised. This happened due to manipulated monetary structures. The chase for returns is relentless. The system penalises saving. It perpetuates instability and hurts long term sustainability. The ramifications of this paradigm shift are profound. Billions of people must take risks. They do so to keep the value of their savings when inflation rises. This reality creates a cycle of risk taking. Individuals are running to stand still. They can't build a secure financial future without taking big risks in the market. The myth of making money grow is a symptom of a broader trend. Central bank policies drive it and societal norms worsen it. Financial instruments are not bad, but relying on them too much to fix a flawed money system is risky. Solving this issue requires a re-evaluation of the money. It also requires a shift to a more sustainable and inclusive financial system. Cheers and onwards with Bitcoin.
