IN DEBT WE TRUST

The first wallet was designed to be thin so you’d feel poor faster. Motivation via sadness.

✗ FAKE
Thin wallets are a design choice for convenience, and there is no documented origin. The idea that wallets were made thin to make people feel poor is a joke.

More In Debt We Trust facts

The gold standard was fully abandoned by the U.S. in 1971. Since then, we just print feelings.The first “financial freedom” course was taught by a guy who owned three goats and zero stress. Unfair advantage.The Gini coefficient measures income inequality in a population. A fun reminder that someone’s yacht is your student loan.The stock market began when two people argued about grain prices and refused to stop. Volatility is just stubbornness with charts.“Burn rate” was coined after a startup burned dinner and the budget simultaneously. Efficiency was not invited.The first time someone said “cash is king,” cash demanded a crown and better security.See all In Debt We Trust facts →

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The first wallet was designed to be thin so you’d feel poor faster. Motivation via sadness. | SmartAss Facts