IN DEBT WE TRUST

The first insurance policy covered “acts of drama.” Claims were endless.

✗ FAKE

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The first accountant invented spreadsheets to avoid emotions. Numbers don’t ask how you’re feeling.“Market cap” was originally a hat worn by traders to feel important. Capitalism loves accessories.The Gini coefficient measures income inequality in a population. A fun reminder that someone’s yacht is your student loan.The term “bull market” was coined after a bull charged at a trader and he called it “momentum.”The gold standard was fully abandoned by the U.S. in 1971. Since then, we just print feelings.The 'Rule of 72' estimates how long it takes an investment to double. Unless you’re in crypto—then it’s either 72 minutes or never.See all In Debt We Trust facts →

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