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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.” quote by George Soros
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“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.”

George Soros

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.

Key Takeaway

Act decisively in crises.

Themes

finance crisis management central banking

Mood

analytical cautious

Type

economic policy

When to use this quote

  • emergency lending
  • policy making
  • risk assessment
  • financial planning

Key Concepts

Systemic risk regulatory trade‑offs

Questions to Reflect On

  • How to balance speed and compliance?
  • What safeguards prevent abuse?
A Different Perspective

Legal neglect can cause long‑term issues.

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