dChan - Q Origins Project Archive

Henry Ford was highly critical of the private banking system, famously stating, "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," viewing it as a secretive system controlled by financiers that creates artificial scarcity and benefits the few at the expense of the public through debt and inflation. He advocated for government control of money creation to ensure economic equity, seeing money as a tool for production, not wealth in itself, and believed true security came from knowledge, not financial assets.

Key criticisms and views:

Lack of Understanding = System Stability: Ford believed the public's ignorance of how money is created and controlled by banks allowed the system to function, suggesting that awareness would lead to radical demands for change.

Central Banks & Private Control: He saw the Federal Reserve system as a private banking aristocracy that centralized power, allowing financiers to manipulate money for their own ends, failing the public during crises.

Money as a Tool: Ford argued money has no intrinsic value; it's only useful for buying tools or products, and true security comes from skill and knowledge, not money itself.

Call for Public Control: He believed the nation's money creation power should be returned to the government to ensure economic justice and vitality for industry, rather than being controlled by private banks.

Debt & Inflation: Ford understood the cycle of debt and inflation inherent in the system, where banks create money through loans, keeping the populace dependent on borrowing.