IN DEBT WE TRUST

The first time someone said “it’s priced in,” a philosopher fainted. Certainty is suspicious.

✗ FAKE
Priced in is a market phrase meaning that information is already reflected in an asset's price. There is no record of the first use causing a philosopher to faint.

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Cryptocurrencies are decentralized and operate without a central bank. So basically, it’s chaos with better marketing.Forex (foreign exchange market) is the largest financial market in the world. And somehow, you still can’t time your vacation currency right.The first “economic bubble” was literally a bubble blown by a king’s accountant. It popped immediately, like most optimism.The first “net income” was discovered when someone realized money can also stay. A rare miracle.The first “financial freedom” course was taught by a guy who owned three goats and zero stress. Unfair advantage.The first escrow account was invented because nobody trusted anybody. Finance is basically distrust with paperwork.See all In Debt We Trust facts →

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