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The problem is the financialization of the economy.

https://en.wikipedia.org/wiki/Financialization

"One of the most important impetuses to the rise of financialization was the end of the post-World War Two Bretton Woods system of fixed international exchange rates and the dollar peg to gold in August 1971."

Financialization and the World Economy: https://www.youtube.com/watch?feature=player_embedded&v=...!



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