Gold itself is not a valuable commodity. It is no more wealth than hat checks are hats.
 Henry Ford, My Life and Work (1922). copy citation

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Author Henry Ford
Source My Life and Work
Topic wealth commodity
Date 1922
Language English
Reference
Note
Weblink http://www.gutenberg.org/cache/epub/7213/pg7213-images.html

Context

“If our reform should begin at the top it will require a social vision and an altruistic fervour of a sincerity and intensity which is wholly inconsistent with selfish shrewdness. The wealth of the world neither consists in nor is adequately represented by the money of the world. Gold itself is not a valuable commodity. It is no more wealth than hat checks are hats. But it can be so manipulated, as the sign of wealth, as to give its owners or controllers the whip-hand over the credit which producers of real wealth require. Dealing in money, the commodity of exchange, is a very lucrative business.” source