Also Uber drivers, financial technology, Fannie and Freddie and a crypto tween.

I feel like “financial literacy” as it is usually conceived is terrible, just a lot of “if your bank pays 10 percent compound interest and you start with $100 then in three years will you have more or less than $130?” and other arithmetic trivia that is of limited interest in our world of low interest rates and flourishing Ponzi schemes. “Financial literacy” will tell you that the answer is “more than $130,” because compound interest Einstein blah blah blah, but the correct answer is “less than $130,” and likely zero, because if your bank pays you 10 percent interest in the United States in 2018 it is a Ponzi and will steal your money.

Like here is a financial-literacy quiz: Are these companies? If you get at least five of those right then I will allow you to drive for Uber.

A fantastic money stuff.

source: ML