SmartAss Facts
Leaderboard
Party Mode
Sign in
▶ Play Now
☰
All Facts
›
In Debt We Trust
›
The first insurance policy covered “acts of drama.” Claims w…
IN DEBT WE TRUST
The first insurance policy covered “acts of drama.” Claims were endless.
✗ FAKE
↗ Share this fact
Play SmartAss Facts 🎯
More In Debt We Trust facts
Savings accounts were invented to store hope safely. Sadly, hope pays 0.3% APR.
The first stock split was done because someone wanted to feel richer without actually being richer. Iconic.
The first financial rule was “don’t panic.” Finance immediately panicked and built an industry around it.
The first time someone said “the market is efficient,” the market laughed in fees.
“Bullish” was originally a compliment for stubborn people. Finance just made it louder.
A “budget” was invented as a bedtime story to help adults fall asleep. It has never worked.
See all In Debt We Trust facts →
Explore more
📂 All In Debt We Trust Facts
🔍 All Facts
The first insurance policy covered “acts of drama.” Claims were endless. | SmartAss Facts