IN DEBT WE TRUST

Compound interest was discovered by a man watching mold grow. He said “wow… money can do that too?”

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The first “due diligence” checklist included “is the founder lying?” Finance stays poetic.The first financial meme was “stonks” carved into a cave wall. Humanity never changes.The first bank was invented when someone said “trust me” and everyone inexplicably did. Interest was born the moment regret arrived.The first IPO was basically a public breakup: “We’re growing apart, also please invest.”The first mutual fund was a friendship pact: “we lose together.” Community, but expensive.The first credit card was made of wood. It declined constantly but looked artisanal.See all In Debt We Trust facts →

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Compound interest was discovered by a man watching mold grow. He said “wow… money can do that too?” | SmartAss Facts