IN DEBT WE TRUST

The term “net worth” was invented by a fisherman who tried to measure success literally. It got tangled immediately.

✗ FAKE

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The largest Ponzi scheme in history was operated by Bernie Madoff, totaling $65 billion. Wall Street’s most expensive magic trick.Cryptocurrencies are decentralized and operate without a central bank. So basically, it’s chaos with better marketing.“Cash flow” was first described by a poet watching money leave his wallet dramatically.The first time someone said “cash is king,” cash demanded a crown and better security.The first time someone said “the market is efficient,” the market laughed in fees.Recession is defined as two consecutive quarters of negative GDP growth. Economists’ polite way of saying, “Good luck, everyone.”See all In Debt We Trust facts →

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