In Debt We Trust

The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky.

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🤯 "The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky."

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A bull market means prices are rising, while a bear market means they are falling. ATMs were first introduced in 1967 in London. Bitcoin, the first cryptocurrency, was launched in 2009. Cryptocurrencies are decentralized and operate without a central bank. Cryptographic security underpins blockchain technology. Forex (foreign exchange market) is the largest financial market in the world. See all Finance facts →

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