Modern finance is really, REALLY cretin, isn’t it?

I have no problem with people getting rich, even filthy rich, as long as they do it without screwing everybody else, or their pension funds. But don’t you think that what’s pompously called “finance” nowadays, which is how much of that wealth comes from, is a showcase of galactic imbecility? I do, and this is a short rant about the three things in current finance that are the worst ones for me.You are fervently encouraged to add your examples down in the comments, with obvious thanks in advance for one-time donations via PayPal (mfioretti@nexaima.net) or LiberaPay, which as far as I am concerned are even better than (still welcome) paid subscriptions.Trading instead of investingFor me, “investing” means buying shares on the stock market, that is some amounts of the ownership of some company, for basically two reasons: idealism (you think that company is doing or will do something which you just want to happen because you believe it’s intrinsically good for society) or, much more…