
The Fear Market: How Fear Became the Most Profitable Currency in the World
- Katja Matosevic

- Oct 24
- 3 min read
Walk with me for a moment.
Dust under your feet. Heat on your skin.
The year is 3,000 years ago - Babylon.
The marketplace is alive.
Merchants shouting. Spices spilling. Coins clinking.
Everything has a price.
But there, in the corner - a man isn’t selling food, fabric, or jewels.
He sells words.
“Bow to this god or risk famine.”
“Follow this law or risk exile.”
“Obey this king or risk death.”
Fear was the first currency humans ever learned to obey.
No coin. No gold. No silver.
Fear itself.
And the moment it worked once…
it became the blueprint.
Fast forward to now.
Different clothes, digital screens, endless notifications.
But the vendor hasn’t left.
He just rebranded.
He’s still here - selling fear.
Always in stock.
Fear Through the Ages
Fear didn’t stay in Babylon’s square.
It traveled.
It evolved.
It put on new costumes across time.
But the product remained the same.
Every era sold it differently.
Every empire taxed its people with it.
Every generation inherited its price.
In Ancient Egypt, fear was carved in stone.
Crocodile-headed gods waited to devour your soul if your heart was heavy with sin.
Disobedience didn’t cost you coins — it cost you eternity.
In Medieval Europe, fear echoed through cathedrals.
Sermons of hellfire so vivid you could feel the flames on your skin.
People bent in obedience.
Not from love of God, but terror of damnation.
Fear was certainty sold at the altar.
The tithe was the currency.
Then came Rome.
Public crucifixion wasn’t just punishment. It was performance.
Bodies hanging on hills as a silent billboards of terror.
Fear was cheaper than war.
And far more efficient.
Later, the Mongols didn’t even need to show up.
Their reputation did the killing for them.
They weaponized imagination.
Let your mind do the work, and the world will obey.
The Birth of Modern Fear Marketing
Then came the man who turned fear into an industry: Edward Bernays.
Freud’s nephew. The Father of Public Relations.
But in reality- the architect of psychological manipulation.
He asked one question that changed everything:
“What if fear could move not just armies but markets?”
He sold soap not by saying it cleaned better,
but by whispering, “If you’re not clean, you’ll be rejected.”
He turned cigarettes into “Torches of Freedom” for women,
not because of rebellion, but because of the fear of invisibility.
He industrialized fear.
He took primal survival wiring and rerouted it into consumer behavior.
And once it worked, there was no going back.
Fear became the first subscription model.
Buy once and you’ll buy forever.
Because you can never be clean enough. Thin enough. Young enough. Perfect enough.
The Neuroscience of Fear
Deep inside your brain sits the amygdala.
Two almond-sized guardians that decide, in milliseconds, what’s a threat.
And here’s the glitch:
it can’t tell the difference between a tiger and a headline.
Between real danger and imagined threat.
So when you see:
“Only 3 seats left.”
“Offer ends tonight.”
“Don’t miss out.”
your amygdala lights up like a fire alarm.
Cortisol floods.
Heart races.
Logic fades.
You act, not because you want to, but because your biology says you must.
This is why fear outperforms positivity in marketing.
Not because we’re negative beings.
But because our survival system overpowers our rational mind.
Fear in Business & Marketing
Fear isn’t just emotional manipulation.
It’s a business model.
Scarcity. Urgency. Loss aversion.
The holy trinity of modern marketing.
“Only 3 left.”
“Offer ends tonight.”
“Don’t lose your progress.”
You’re not buying the product.
You’re buying immunity from regret.
Fear has a salary.
Fear has KPIs.
Fear runs the economy.
It’s the invisible ink behind every sales page.
The unspoken line in every pitch.
The silent closer behind every deal.
The Personal Economy of Fear
I know this economy.
I was raised in it.
I learned the tax of shame.
The interest rate of guilt.
The penalty fee of “Who do you think you are?”
Every time I wanted to speak my truth, fear handed me an invoice.
And I paid. For years.
Until I realized that
I wasn’t broke because I lacked power.
I was broke because I kept spending it in the wrong economy.
The day I stopped buying fear,
everything changed.
The Path of Sovereignty
Not every fear is false.
Some fear protects you.
Some imprisons you.
The key is discernment.
Before you react, pause.
Ask:
“Is this fear protecting me or controlling me?”
That single question is power.
That’s how you reclaim the economy of your own mind.
Because the moment you stop buying fear,
the market collapses.
And what’s left is freedom.
Untaxed. Unowned. Untouchable.
Fear may be the most profitable currency in the world
but only if you keep buying it.
So the next time someone tries to sell you urgency, scarcity, or doubt…
smile.
Walk past the stall.
And remember:
Your sovereignty isn’t for sale.




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