The article explores how financialization affects profit rates using a specific method. It looks at factors like profit share in finance, financial innovations, and household debt. Most of these factors don't impact profit rates, except for a certain type of financial innovation. The article also questions the idea that financialization can counteract falling profit rates. It suggests separating growth from borrowing and studying normal distribution separately. Lastly, it criticizes the idea that financialization is a new way to counter falling profit rates, offering a different view.