Aspect Quote by George Soros
“There is a well-established conviction that the central banks always do what is necessary to keep the system going and then afterwards you then take care of the legal aspects. In a crisis, you simply do not have time to think about such concerns for too long.”
About This Quote
Source Interview: Financial Crisis Panel, George Soros, 2009
Central banks act swiftly in crises, postponing legal concerns to preserve system stability.
In simple terms: Banks prioritize stability over legalities during emergencies.
Act decisively in crises.
Themes
Mood
Type
When to use this quote
- emergency lending
- policy making
- risk assessment
- financial planning
Key Concepts
Questions to Reflect On
- How to balance speed and compliance?
- What safeguards prevent abuse?
Legal neglect can cause long‑term issues.