American banker and influential financier, architect of the Federal Reserve System.
This quote highlights that only gold is true money, while everything else relies on trust and credit – a fundamental insight about money and value.
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John Pierpont Morgan (1837–1913) was an American banker and financier. He played a central role in the creation of the Federal Reserve System and significantly influenced the development of the American financial sector in the late 19th and early 20th centuries.
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