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
We in the United States are very often - since we are a democracy and we have national interests, we've often made… — George Soros Copy Share Image
Money values do not simply mirror the state of affairs in the real world; valuation is a positive act that makes an… — 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
Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must… — George Soros Copy Share Image
The criminalization of marijuana did not prevent marijuana from becoming the most widely used illegal substance in the United States and many… — George Soros Copy Share Image
The main obstacle to a stable and just world order is the United States. — 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
The sovereignty of states must be subordinated to international law and international institutions. — 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
The main obstacle to a stable and just world order is the United States. [This idea] happens to coincide with the prevailing… — George Soros Copy Share Image
Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states. — George Soros Copy Share Image
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into… — George Soros Copy Share Image
Bush's war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale… — 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)
