...and people scoff when I tell them the American education system is working just fine (for its intended purpose)!
I agree with you in general, but for her it's definitely not an issue of education. She understands the relevant facts. She knows how the banking system works, how the Federal Reverse works, etc. I think I've managed to teach her how all voluntary transactions are beneficial to all parties involved. She still seems to struggle with the subjectivity of value. Anyway, it really seems to be an issue of psychology that I don't have the background to completely understand.