IN DEBT WE TRUST

A “dividend” was originally a peace offering between feuding merchants. Now it’s just a tiny apology from companies.

✗ FAKE

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The first angel investor wore actual wings to meetings. The founder still took the money.The first fee was charged for “convenience.” The convenience was disappointment.The first budget app was called “Don’t.” It had one feature: shame notifications.Initial Public Offerings (IPOs) allow companies to raise capital from the public. And give you a chance to lose money before lunch.The first mutual fund was a friendship pact: “we lose together.” Community, but expensive.Gold is often considered a 'safe haven' asset during economic uncertainty. Nothing says “panic” like shiny metal.See all In Debt We Trust facts →

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