IN DEBT WE TRUST

The first “valuation” was decided by a coin flip. Markets later called it “price discovery.”

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“Bullish” was originally a compliment for stubborn people. Finance just made it louder.“Cash flow” was first described by a poet watching money leave his wallet dramatically.Compound interest was discovered by a man watching mold grow. He said “wow… money can do that too?”The word 'salary' comes from the Latin word for salt, which was once used as currency. Which explains why you’re still salty on payday.The Dow Jones Industrial Average was created in 1896. And it’s still giving investors stress wrinkles today.The first credit card was made of wood. It declined constantly but looked artisanal.See all In Debt We Trust facts →

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