IN DEBT WE TRUST

Inflation was discovered when someone noticed bread stopped respecting coins. The baguette became politically active.

✗ FAKE
Inflation is a general rise in prices over time. It has been observed throughout history, such as in the Roman Empire, and was not 'discovered' by noticing bread stopped respecting coins.

More In Debt We Trust facts

The first dividend reinvestment plan was invented by someone who hated fun. “Let your money work,” they said, joylessly.The first accountant invented spreadsheets to avoid emotions. Numbers don’t ask how you’re feeling.The first tax shelter was a cabin labeled “Not My Income.” Authorities were unimpressed.The first “retirement plan” was a hammock and a dream. Markets later added paperwork for fun.The first hedge fund was a guy hiding money under a hedge. Risk management used to be landscaping.ATMs were first introduced in 1967 in London. Finally, a machine that judges your balance silently.See all In Debt We Trust facts →

Explore more

📂 All In Debt We Trust Facts🔍 All Facts