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	Podcast:		Economics Explained
	Episode:		How The Finance Industry Destroys Economies
	Category:		Business
	Duration:		00:17:37
	Publish Date:		2025-04-01 15:00:00
	Description:		Does the finance industry add value, or just chaos? From crashing economies to turning homes into gambling chips, it’s made billions while leaving us questioning its worth. We unpack its core role—connecting capital to land, labor, and ideas—and how it fueled the Industrial Revolution and consumer credit. But today’s mega-banks, high-frequency trades, and info gaps are sucking value dry, boosting inequality instead. Featuring insights from Rana Foroohar (Financial Times) and Warren Buffett’s casino warning—watch if finance is a tool or a trap! Learn more about your ad choices. Visit megaphone.fm/adchoices
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