IN DEBT WE TRUST

The first tax shelter was a cabin labeled “Not My Income.” Authorities were unimpressed.

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The first venture capitalist invested in a lemonade stand and demanded a board seat. Childhood hasn’t recovered.The first “market correction” was actually an apology letter from the market. It said “my bad,” then did it again.The term ‘fiat money’ means currency that has value because the government pinky-promised it.The first “emergency fund” was created after a man’s favorite chair broke. Disaster preparedness is personal.The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky.The first budgeting spreadsheet had one cell: “no.” It was still ignored.See all In Debt We Trust facts →

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The first tax shelter was a cabin labeled “Not My Income.” Authorities were unimpressed. | SmartAss Facts