At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the… — George Soros Copy Share Image
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that… — George Soros Copy Share Image
“The main obstacle to further progress on the resource curse is China, and to a lesser extent India.” — George Soros Copy Share Image
I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also… — George Soros Copy Share Image
However, even a strong government can't perform miracles. It needs money from the taxpayers. — George Soros Copy Share Image
I think that my foundation uses the money better than the government does. In any event, I do pay taxes. — George Soros Copy Share Image
You need a government that believes in government. It also believes in markets and wants to give markets the best, the greatest… — George Soros Copy Share Image
To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of… — George Soros Copy Share Image
I call government that works the best for people open society, which is basically just another more general term for a democracy… — George Soros Copy Share Image
These public-private partnerships are very, very dangerous. The most rotten part of the financial system in the US consisted of the government… — George Soros Copy Share Image
“Everybody says that I have a lot of power. But what does that power consist of?... Can I influence governments? I am… — George Soros Copy Share Image
Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and… — George Soros Copy Share Image
You could adjust the punishment to fit the infraction. Even a small fine would be enough to bring an errant government to… — George Soros Copy Share Image
Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government… — George Soros Copy Share Image
Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough… — George Soros Copy Share Image
This is the joint responsibility of everyone who was involved in the introduction of the euro without understanding the consequences. When the… — George Soros Copy Share Image
Giving government aid to a bank basically transforms it into a utility. The huge salaries in this sector are only a symptom… — George Soros Copy Share Image
Merkel has realized that the euro is not working, but she cannot change the narrative she has created because that narrative has caught the… — George Soros Copy Share Image
At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But… — George Soros Copy Share Image
Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't… — George Soros Copy Share Image
We must not forget; but we must forgive. Suffering often such compassion from the Jewish community. It was Jewish groups in the US who… — George Soros Copy Share Image
I very often used to get backaches due to the fact that I was wrong. Whenever you are wrong you have to fight or… — George Soros Copy Share Image
We are the most powerful nation on earth. No external power, no terrorist organization can defeat us. But we can defeat ourselves by getting… — George Soros Copy Share Image
Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. — George Soros Copy Share Image
What works for Germany can't work for the rest of Europe: No country can run a chronic surplus without others running deficits. — George Soros Copy Share Image
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I… — George Soros Copy Share Image
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we… — George Soros Copy Share Image
“On the abstract level, I have turned the belief in my own fallibility into the cornerstone of an elaborate philosophy. On a personal level,… — George Soros Copy Share Image
![“We [at Soros Fund Management] use options and more exotic…” quote by George Soros](https://sms4smile.com/quotes/img-quotes/f33/george-soros-1593_derivatives_we-at-soros-fund-management-use-options_113322.jpg)
