Its precisely the opposite! The financial industry supports stable growth. If the crops fail, insurance contracts keep farmers from going out of business. If

Its precisely the opposite! The financial industry supports stable growth. If the crops fail, insurance contracts keep farmers from going out of business. If you grow old and can't work, your retirement fund keeps you from being a weight on society. Asset bubbles are always identified in hind-sight. Volatility does not create asset bubbles. If anything volatility keeps investors bearish.