IN DEBT WE TRUST

The first time someone used the word “synergy,” interest rates rose out of spite.

✗ FAKE

More In Debt We Trust facts

The first credit card was made of wood. It declined constantly but looked artisanal.Recession is defined as two consecutive quarters of negative GDP growth. Economists’ polite way of saying, “Good luck, everyone.”The first “credit utilization” rule was invented by someone who wanted to measure your chaos scientifically.The first “interest-only” loan was invented by someone who hated consequences. Temporarily iconic, permanently risky.Insider trading is illegal and involves trading based on non-public information. Basically, the financial version of peeking at exam answers.The first wallet was designed to be thin so you’d feel poor faster. Motivation via sadness.See all In Debt We Trust facts →

Explore more

📂 All In Debt We Trust Facts🔍 All Facts
The first time someone used the word “synergy,” interest rates rose out of spite. | SmartAss Facts