Speculation/Innovation for genuinely economic-productive purposes is a good thing. However, as Finance and the monetary paradigm are the core problems in modern economies, purely financial speculations like currency shorting and unrestricted/uber speculations/”innovations” like derivative products exacerbate the destabilizing economic effects of the current monopoly paradigm concept for the creation and distribution of new money of Debt Only.
Conceptual and Temporal Balance that creates abundance and free flowingness (not to be confused with the current fetish of general equillibrium) aligns with and promotes stability instead of instability.
Purely Financial Investment, even though it takes place temporally along with the economic process, is still exterior to/prior to its economic effects which are mere increased costs instead of the economic virtues of thrift, competition and cost cutting.