Summary of the damage of financial speculation

The negative effects and damage of financial speculation are basically of two types:

subjective: they concern the personal moral sphere of the author of speculation even when the activity of financial speculation is not subject to legal restrictions; indeed

- speculation  is  unproductive of goods and services for the common good

- it causes attachment to money

- it develops behaviors that do not conform to religious morality

objective: they concern the national and international economic balance

- speculation causes a distortion  in the system of spontaneous price formation of the real economy

- speculation easily causes damage to other people or companies