Yes. And I think the OP correctly suggests that this... not unique, it's increasing parts of the economy. > It is understandable enough to want to participate

Yes. And I think the OP correctly suggests that this... not unique, it's increasing parts of the economy. > It is understandable enough to want to participate in such collective delusions. It’s much more fun to be awed by not getting a movie than to realize that you do get it and it’s just boring. This same idea also helps explain speculative bubbles. It’s more fun to believe in magic than to recognize how much of financialized capitalism is just scams and pyramid schemes. Nonetheless, if the popular press is full of explainers “clarifying” what a “very complicated” investment phenomenon is all about, hide your wallet: You are being shilled into a game of Three-Card Monte.