If you want to thrive in today's economy, you must challenge the status quo and get the financial education necessary to succeed.
Sentiment: POSITIVE
The financial sector is vital to the economy. A well-functioning financial sector promotes job creation, innovation, and inclusive economic growth.
High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
A dynamic economy begins with a good education.
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
The economy is the start and end of everything. You can't have successful education reform or any other reform if you don't have a strong economy.
Until we have comprehensive financial education, we'll never see the end of our booms and busts.
I think people understand that if you're going to have a successful economy, you need people's potential to be realized. That means education. It means university education, sure, but it also means training, apprenticeships and various kinds of skills diplomas that we know are necessary.
Our goal is to make finance the servant, not the master, of the real economy.
At base, financial literacy is inextricably connected to control over one's future.
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