IN DEBT WE TRUST

The first “unicorn” was just a company with good branding and questionable unit economics. Mythology checks out.

✗ FAKE

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A “dividend” was originally a peace offering between feuding merchants. Now it’s just a tiny apology from companies.The first time someone “beat the market,” the market wrote it down and got revenge later.Savings accounts were invented to store hope safely. Sadly, hope pays 0.3% APR.The first bank was invented when someone said “trust me” and everyone inexplicably did. Interest was born the moment regret arrived.Sweden is moving towards becoming the world’s first cashless society. Finally, pickpockets need Wi-Fi.The dot-com bubble burst in the early 2000s. Basically, the internet’s first “oopsie.”See all In Debt We Trust facts →

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