It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Henry Ford
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In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
More quotes by Henry Ford
- Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young. The greatest thing in life is to keep your mind young.
- I believe God is managing affairs and that He doesn't need any advice from me. With God in charge, I believe everything will work out for the best in the end. So what is there to worry about.
- My best friend is the one who brings out the best in me.
- There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
- Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets.