IN DEBT WE TRUST

The first time someone “beat the market,” the market wrote it down and got revenge later.

✗ FAKE

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Inflation was discovered when someone noticed bread stopped respecting coins. The baguette became politically active.Forex (foreign exchange market) is the largest financial market in the world. And somehow, you still can’t time your vacation currency right.The stock market began when two people argued about grain prices and refused to stop. Volatility is just stubbornness with charts.The first tax was collected in goats. Which means the IRS started as a petting zoo with paperwork.The first “economic bubble” was literally a bubble blown by a king’s accountant. It popped immediately, like most optimism.The first salary negotiation was a duel. HR later replaced swords with spreadsheets for “culture.”See all In Debt We Trust facts →

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The first time someone “beat the market,” the market wrote it down and got revenge later. | SmartAss Facts