The growing scale, profitability, and level of importance of the finance sector relative to the rest of the economy. In the United States, employment and total sales of the finance industry grew from 10% of GDP in 1970 to 20% by 2010. The emphasis has shifted from making things to making money from money. The effects of this change are felt by everyone in the following ways: 1. Increased level of importance of money and finance in our everyday lives. 2. Increased complexity and level of sophistication required to understand and manage finance. 3. Increased income inequality due to the widening gap become making money from labor, making and selling things, to highly leveraged financial products that make money with money. 4. Increasing debt and the risks associated with the asset and debt bubbles, which when they collapse, cause massive financial destruction to everyone.

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