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Americans are Innumerate and Broke - Credit Slips
- Mz 15y agoI have no doubt the article is correct (and it gives some compelling examples to support its argument): Americans suffer innumeracy. But I think a bigger problem is the degree to which Americans seem to have a poor grasp of real value. If you can't tie a convenient dollar value to it, many people seem incapable of grasping what has real value and what doesn't. Many people seem to think the current recession is some numbers game and is about "money" rather than about actual underlying problems. Money has one real inherent value: It is a lubricant for trade. But many people seem to not understand that.