“ The average successful banker is by no means so intelligent and resourceful a man as is the average successful business man. ”
Henry Ford, My Life and Work (1922). copy citation
Author | Henry Ford |
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Source | My Life and Work |
Topic | business average |
Date | 1922 |
Language | English |
Reference | |
Note | |
Weblink | http://www.gutenberg.org/cache/epub/7213/pg7213-images.html |
Context
“Most business men will privately admit that fact. They will seldom publicly admit it because they are afraid of their bankers. It required less skill to make a fortune dealing in money than dealing in production. The average successful banker is by no means so intelligent and resourceful a man as is the average successful business man. Yet the banker through his control of credit practically controls the average business man.
There has been a great reaching out by bankers in the last fifteen or twenty years—and especially since the war—and the Federal Reserve System for a time put into their hands an almost limitless supply of credit.”
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