Henry Ford: Speculation Money

Posted by admin on Sunday, August 1, 2021

Henry Ford Money Quote saying to make money by manipulating prices rather than simply selling stuff is called speculation. Henry Ford said:
 

 

“Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services” — Henry Ford

 

 

In this quote, Henry Ford is criticizing the practice of speculation and speculative investing. He defines speculation as “making money out of the manipulation of prices” rather than by “supplying goods and services”.

Ford is drawing a distinction between productive economic activity like producing actual goods and services that create value, versus speculative behaviors that aim to profit from artificially influencing prices in financial markets without contributing meaningful work.

His implication is that speculation is an unproductive or even detrimental way of making money, since it involves manipulating prices for personal gain rather than engaging in wealth-creating activities like manufacturing or providing useful services.

In essence, Ford sees speculation as the opposite of productive enterprise, viewing it as a way of profiting through price manipulation rather than adding value to the economy through the supply of real, tangible products and services that benefit consumers. The quote portrays speculation in a negative light compared to productive business models.

Birthday: July 30, 1863 – Death: April 7, 1947