IN DEBT WE TRUST

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

✗ FAKE
Finance has no documented first rule of 'don't panic'. The claim is a joke, although avoiding panic selling is common investor advice.

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The first “exit” was invented because founders wanted to leave the group chat called responsibility.The first stock split was done because someone wanted to feel richer without actually being richer. Iconic.The first “due diligence” checklist included “is the founder lying?” Finance stays poetic.The first invoice was carved into stone. It’s still unpaid, which makes it the oldest open receivable.The first bank was invented when someone said “trust me” and everyone inexplicably did. Interest was born the moment regret arrived.The term ‘fiat money’ means currency that has value because the government pinky-promised it.See all In Debt We Trust facts →

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