“The love of money is the root of all evil” since biblical times can be explained today by the fact that the love of money is the love of power which money confers to the rich. Today, that power is being abused through corruption at all levels of society.
The money which is conferring the power is actually fake money, not real money. Real money is created with the production of real goods and is therefore limited. Fake money is limitless, created by central banks “out of thin air” in a fiat currency system to finance government deficits. Deficits do not matter with fake “modern money”, until they matter eventually in economic collapse.