IN DEBT WE TRUST

The first credit card was made of wood. It declined constantly but looked artisanal.

✗ FAKE

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“Diversification” was invented after someone put all their gold in one basket and the basket had opinions.The concept of compound interest was described by Einstein as the 'eighth wonder of the world.' Which is rich coming from a guy who never paid off a mortgage.The first “unicorn” was just a company with good branding and questionable unit economics. Mythology checks out.The first time someone used the word “synergy,” interest rates rose out of spite.“Burn rate” was coined after a startup burned dinner and the budget simultaneously. Efficiency was not invited.The most expensive coin ever sold is a 1794 Flowing Hair Silver Dollar, sold for over $10 million. Someone really took “spare change” literally.See all In Debt We Trust facts →

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