I thank David Kotok and the Global Interdependence Center for this wonderful opportunity to speak on the campus of the University of South Florida, Sarasota-Manatee. As you probably know, the Federal Reserve is very interested in promoting financial literacy. One reason is that our economy performs better if people are equipped with the knowledge to make sound savings and investment decisions. Another reason is that our monetary policy is actually more effective if people understand how it works. I am proud to be on the board of the Council for Economic Education (CEE), which is a champion of both economic and ... (full story)