Same. The level of financial literacy is frighteningly low; I was listening to a podcast yesterday (Plain English with Derek Thompson from The Ringer - it's very good) in which they said that a Federal Reserve Bank of Boston survey asked "what do you think should happen to inflation when interest rates go up", and only 39.4% of respondents correctly answered with "inflation should go down". Or in other words, something like 60% of Americans thought that rising interest rates causes inflation. These people are making voting decisions based on economic considerations when they don't even understand the most basic principles of money.
Looking at peoples credit cards and car loans is 10,000x more scary than this
I can care less if someone can't understand governmental policy/theory etc
I'm much more terrified when you realize the large majority of the country is paying astronomical percents of interest on nonsense.
Hell I forget the actual numbers but there's been a massive spike in check cashing places or places that give you an advance on your next check. And the rates on these are insane
People being clueless on governmental policy is eh. But people being completely clueless on their own personal finances, the worst