In a mere 100 years the United States and other developed nations saw the creation of many devices that can simultaneously help and damage an individual's productivity (read ability to be an earner of an independent income). While most of America became masters at hurling birds at pigs (there's a Huangpu joke in there), they were subjects to a rampant mortgage fraud focused solely on capturing profits immediately and unloading the liability. When the game was finished, civilians were left on the street while the FED backed up the very bankers committing the fraud and was even public about its need to pretend they could value the amount needed to calm the markets prior to the $700 BN bailout.
The FED has perpetrated the largest on-going storyline of bullshit, that they are masters of the universe and know everything and anything about fixing whatever is broken. No Ivy school degree could prepare anyone for what was faced in 2007/2008 and the fact that grown men and women are teaching yet another generation that finance is an exact science should cause concern to this society. We have a cult of personality which revolves around the belief that because some has three letters after their name they are somehow smarter than you.