> Every generation needs to re-learn the financial mistakes of the previous one I guess

why is that accepted as inevitable law of nature?

every generation does not need to learn the ravages of war. or the risk of snake oil salesmen in domains such as food, or medicine or any mass consumption good or service

yet in the financial domain "a fool is born every minute" is somehow ok.

there is definitely the thrill of gambling but I suspect fewer people would succumb to it if before every finfluencer inspired transaction they had to click on button that said:

"I confirm that I am an idiot and the money I am about to lose is not essential either for myself or anybody that depends on me"