I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.
James Surowiecki
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This page presents the quote "I think people don't understand compound interest because typically no one ever explains it to them and the level of financial literacy in the US is very low.". Author of this quote is James Surowiecki. This quote is about financial, levels, literacy, people, thinking, interest,.