"The banker is, as I have noted, by training and because of his position, totally unsuited to the conduct of industry. If, therefore, the controllers of credit have lately acquired this very large power, is it not to be taken as a sign that there is something wrong with the financial system that gives to finance instead of to service the predominant power in industry? It was not the industrial acumen of the bankers that brought them into the management of industry."
React to this quote
More by Henry Ford
See allResonant Thoughts
"For thirty-five years I have been more or less actively engaged in public life, in the performance of my political duties, now in a public position, now in a private position. I have fought with all t…"
Explore Further
Related Quotes
"If the people are happy, united, wealthy, and powerful, we presume the rest. We conclude that to be good fr…"
— Edmund Burke"As dogs, cats, horses, and probably all the higher animals, even birds, as is stated on good authority, hav…"
— Charles Darwin"The power of the Ten Commandments is magnified if you remember the Helpful Model: No matter how it looks, e…"
— Gerald Weinberg"The difference for ordinary black Americans, as opposed to NFL stars, is that this has been a powerful driv…"
— Jamelle Bouie"We should hide our strength rather than put it on display."
— Feng Shih-kuan"Let us give to our republic a fourth power with authority over the youth, the hearts of men, public spirit,…"
— Simón Bolívar