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 “wealth manager” was simply a person hiding money from relatives. Strategy: avoidance.“Market cap” was originally a hat worn by traders to feel important. Capitalism loves accessories.The first “bear market” began when a bear stole the trader’s lunch. Spirits fell instantly.The first “due diligence” checklist included “is the founder lying?” Finance stays poetic.The most expensive coin ever sold is a 1794 Flowing Hair Silver Dollar, sold for over $10 million. Someone really took “spare change” literally.The first inflation hedge was a literal hedge shaped like a dollar sign. It did nothing, but looked confident.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