IN DEBT WE TRUST

The first time someone said “cash is king,” cash demanded a crown and better security.

✗ FAKE

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GDP per capita is a measure of a country’s standard of living. Unless you’re the one bringing the average down.Initial Public Offerings (IPOs) allow companies to raise capital from the public. And give you a chance to lose money before lunch.Hyperinflation in Zimbabwe once caused prices to double every day. Imagine your morning coffee costing twice more by tomorrow.The first recession started when a rich person said “I’m cutting back.” Everyone else immediately panicked.A bull stock market means prices are rising, while a bear market means they are falling. Basically, your emotions follow the same chart.The stock ticker was invented in 1867. Basically, Twitter for people with portfolios.See all In Debt We Trust facts →

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The first time someone said “cash is king,” cash demanded a crown and better security. | SmartAss Facts