IN DEBT WE TRUST

The first financial rule was “don’t panic.” Finance immediately panicked and built an industry around it.

✗ 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 insurance policy covered “acts of drama.” Claims were endless.Sweden is moving towards becoming the world’s first cashless society. Finally, pickpockets need Wi-Fi.The first “expense report” was invented as a confession form. It still feels like one.The stock market began when two people argued about grain prices and refused to stop. Volatility is just stubbornness with charts.The NYSE (New York Stock Exchange) was founded in 1792. And has been emotionally manipulating investors ever since.See all In Debt We Trust facts →

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