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Definancialization / Hyperfinancialization
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The government continuously prints US dollars out of thin air, which debases the money supply, robs people of their purchasing power, and causes price inflation. I think that Bitcoin and crypto serve as an example here— on one hand we have the best, simplest money that’s ever been created (resulting in the return of proper savings and definancialization) as well as hyper-financialization via tokens, where anything and everything that can be will be traded. Hyper-financialization via crypto is just as much a consequence of bad fiat money as the push for everyday people to invest in index funds and real estate instead of saving.
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