J. P. Morgan: Quotes about money

J. P. Morgan was American financier, banker, philanthropist and art collector. Explore interesting quotes on money.
J. P. Morgan: 12   quotes 3   likes

“The first thing [in credit] is character … before money or anything else. Money cannot buy it.… A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business.”

Testimony to the Pujo Committee (1912)
Untermyer: Is not commercial credit based primarily upon money or property?
Morgan: No, sir; the first thing is character.
Testimony to the Pujo Committee (1912)

“Gold is money. Everything else is credit.”

Attributed