The Sorry State of Financial Literacy in the U.S.
A daily digest of opinions and analysis from Bloomberg View.
Warhol's "200 One Dollar Bills" (sold for $44 million).
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Investor Education Slips Into Reverse
Americans understand money even less than they used to, according to the National Financial Capability Study: Just 37 percent of survey respondents demonstrated "high financial literacy" in 2015; down 5 percentage points from 2009. Barry Ritholtz says teaching consumers about finance just doesn't work -- but not all hope is lost.