IN DEBT WE TRUST

The first “liquidity event” was just someone finally paying you back. Tears were involved.

✗ FAKE
A liquidity event in finance usually means a company sale or IPO that lets owners convert shares to cash. It is not someone paying you back.

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Inflation was discovered when someone noticed bread stopped respecting coins. The baguette became politically active.The Great Depression began with the stock market crash of 1929. And yet people still think “buy the dip” is financial advice.The first time someone said “we’re pre-profit,” a banker coughed politely for 12 minutes.The first index fund was created by someone allergic to opinions. Passive investing: introvert finance.The most traded currency pair is EUR/USD. Proof that drama between the U.S. and Europe is profitable.Cryptographic security underpins blockchain technology. Translation: math now has trust issues.See all In Debt We Trust facts →

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