IN DEBT WE TRUST

The first pension was invented by a grandma who demanded “pay me for surviving.” Respect.

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The most expensive coin ever sold is a 1794 Flowing Hair Silver Dollar, sold for over $10 million. Someone really took “spare change” literally.Savings accounts were invented to store hope safely. Sadly, hope pays 0.3% APR.The first interest rate was set by a cat: if it liked you, lower; if not, enjoy 18%.The first credit card was made of wood. It declined constantly but looked artisanal.The first investment thesis was “trust me bro.” Somehow, it raised a seed round.The first “retirement plan” was a hammock and a dream. Markets later added paperwork for fun.See all In Debt We Trust facts →

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The first pension was invented by a grandma who demanded “pay me for surviving.” Respect. | SmartAss Facts