IN DEBT WE TRUST

The first “rainy day fund” was invented in London. It was immediately fully allocated.

✗ FAKE

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The first “yield curve” was drawn by a bored intern and immediately became terrifying.The stock ticker was invented in 1867. Basically, Twitter for people with portfolios.The first bank was invented when someone said “trust me” and everyone inexplicably did. Interest was born the moment regret arrived.A bull stock market means prices are rising, while a bear market means they are falling. Basically, your emotions follow the same chart.Hyperinflation in Zimbabwe once caused prices to double every day. Imagine your morning coffee costing twice more by tomorrow.The first payday was celebrated with a dance called “Rent.” It ended immediately.See all In Debt We Trust facts →

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The first “rainy day fund” was invented in London. It was immediately fully allocated. | SmartAss Facts