“There's a great lack of financial literacy and understanding in this nation, even among college-educated people.”

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Meaning

The speaker is saying that many people in the country do not understand basic money matters. The point is that this problem exists even among people who have gone through college.

When It Was Said

Not documented yet.

Who It Was Said To

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Historical Context

Not documented yet.

Source

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Original Language & Translation

Originally said in English.

Did They Really Say It?

No source found on Wikiquote; the quote is listed as attributed to Henry Paulson.

Did You Know?

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About Henry Paulson

Henry Merritt “Hank” Paulson Jr. is an American investment banker and financier. He served as the 74th United States secretary of the treasury from 2006 to 2009, after leading Goldman Sachs as chairman and chief executive officer. Before entering government, Paulson built his career in high finance at Goldman Sachs, where he held the firm’s top leadership roles. He is known for his work in investment banking and for his time at the Treasury Department.

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