George Soros quotes - page 6

As I discovered, there is a great deal of similarity between a boom-bust process in the financial markets and the rise and fall of the Soviet system. (George Soros)
When money is free, the rational lender will keep on lending until there is no one else to lend to. View quote
George Soros
I called gold the ultimate bubble, which means it may go higher. But it's certainly not safe and it's not going to last forever. View quote
George Soros
Misconceptions play a prominent role in my view of the world. View quote
George Soros
I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also very harmful to our society. View quote
George Soros
I admire Chancellor Merkel for her leadership qualities, but she is leading Europe in the wrong direction. View quote
George Soros
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states. View quote
George Soros
Markets are imperfect. So you do need regulation, knowing that the regulators are also human. View quote
George Soros
Playing by the rules, one does the best he can, irrespective of the social consequences. Whereas in making the rules, people ought to be concerned with the social consequences and not with their personal interests. View quote
George Soros
Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom of a more profound misalignment. The profitability of the finance industry has been excessive. [...] That was absurd. View quote
George Soros
Mankind's ability to understand and control the forces of nature greatly exceeds our ability to govern ourselves. (George Soros)
An open society calls itself open to improvement. It is based on the recognition that people have divergent views and interests, and that nobody is in possession of the ultimate truth. View quote
George Soros
The assumption of perfect knowledge is very far from reality ... a lot of the evil in the world is actually not intentional. View quote
George Soros
We must not forget but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who were in the forefront in opposing the ethnic cleansing of Muslim in Bosnia. View quote
George Soros
As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process. View quote
George Soros
Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity. View quote
George Soros
Sometimes time actually works against you if you refuse to face the relevant issues and explain to the public what is at stake. View quote
George Soros
The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period. View quote
George Soros
You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest opportunity, but is trying to govern well. View quote
George Soros
I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible. View quote
George Soros
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness. (George Soros)
Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the crisis lies in the increasing shortage of oil. View quote
George Soros
We are trying to make the world a better place, but that is not necessarily what we accomplish. Many of the problems which preoccupy us are basically insoluble. View quote
George Soros
We can speak of the triumph of capitalism in the world, but we cannot yet speak about the triumph of democracy. There is a serious mismatch between the political and the economic conditions that prevail in the world today. View quote
George Soros
Germans tend to forget now that the euro was largely a Franco-German creation. No country has benefited more from the euro than Germany, both politically and economically. Therefore what has happened as a result of the introduction of the euro is largely Germany's its responsibility. View quote
George Soros