IN DEBT WE TRUST

The first recession started when a rich person said “I’m cutting back.” Everyone else immediately panicked.

✗ FAKE

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The first “expense report” was invented as a confession form. It still feels like one.The 2008 financial crisis was triggered by the collapse of mortgage-backed securities. Or as Wall Street called it, “Oops.”The word 'salary' comes from the Latin word for salt, which was once used as currency. Which explains why you’re still salty on payday.The U.S. dollar is the most widely used reserve currency in the world. Basically, everyone’s ex they still rely on.The first “wealth manager” was simply a person hiding money from relatives. Strategy: avoidance.Bitcoin, the first cryptocurrency, was launched in 2009. And we still pretend to understand how it works.See all In Debt We Trust facts →

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