[lbo-talk] Bernanke: "Americans need to learn to manage money better, " sponsored by Visa

B. docile_body at yahoo.com
Mon Apr 20 13:47:38 PDT 2009


http://news.yahoo.com/s/ap/20090420/ap_on_bi_ge/bernanke

Bernanke: People need to hone financial know-how By JEANNINE AVERSA, AP Economics Writer 24 mins ago

WASHINGTON – Americans need to sharpen their financial know-how to help them best use their money, especially during the current economic crisis, Federal Reserve Chairman Ben Bernanke said Monday.

"As the global economy continues to experience extraordinary turbulence ... the need has never been greater for initiatives that help consumers learn to manage their money wisely," Bernanke said in brief taped remarks kicking off a conference on financial literacy in Chicago sponsored by the Federal Reserve Bank there and Visa Inc.

Improving financial knowledge also can help protect people from scam artists, he said.



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