IN DEBT WE TRUST

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

✗ FAKE
The word 'synergy' comes from the Greek synergos, meaning working together, and is common business jargon. It has no connection with interest rates rising out of spite.

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“Market cap” was originally a hat worn by traders to feel important. Capitalism loves accessories.The Gini coefficient measures income inequality in a population. A fun reminder that someone’s yacht is your student loan.The first time someone said “the market is efficient,” the market laughed in fees.The first index fund was created by someone allergic to opinions. Passive investing: introvert finance.The first “runway” was literally how long your money could run before collapsing. Still accurate.The first paper money was used in China over 1,000 years ago. And we’ve been losing it ever since.See all In Debt We Trust facts →

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