"By creating the European Central Bank, the member……" — George Soros
"By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent."
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George Soros
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123 Quotes by George Soros
George Soros has 123 quotes on this site.
A few more worth reading:
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Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual…
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Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal…
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It's not whether you're right or wrong that's important, but how much money you make when you're right and how…
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The pro-Israel lobby has been remarkably successful in suppressing criticism. Politicians challenge it at their peril because of the lobby's…
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Everything adds up to a major crisis. Humanity is faced with a global energy crisis ... The core of the…
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Studying economics is not a good preparation for dealing with it.
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I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called…
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Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.
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A global economy is characterized not only by the free movement of goods and services but, more important, by the…
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The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to…
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If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.
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Misconceptions play a prominent role in my view of the world.
See all 123 quotes by George Soros »
More Absent Quotes
This quote is filed under Absent Quotes,
one of 320 quotes in that category. Here are a few more:
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Power and violence are opposites; where the one rules absolutely, the other is absent. Violence appears where power is in…
— Hannah Arendt
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The divine life is the spirit in everything that exists, from the atom to the archangel; the grain of dust…
— Annie Besant
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Absence blots people out. We really have no absent friends.
— Ambrose Bierce
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The heart may think it knows better: the senses know that absence blots people out. We really have no absent…
— Elizabeth Bowen
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Men can absent themselves from real life for their art more easily. Women are anchored into the quotidian business of…
— Geraldine Brooks
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The absent are never without fault. Nor the present without excuse.
— Benjamin Franklin
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Augustine does not disagree with this when he teaches that it is a faculty of the reason and the will…
— John Calvin
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Let's face it.., our current [immigration control] system is like a busy intersection without a traffic cop: sure there are…
— Ronald Reagan
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All that remains to the mother in modern consumer society is the role of scapegoat; psychoanalysis uses huge amounts of…
— Germaine Greer
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When health is absent, wisdom cannot reveal itself, art cannot become manifest, strength cannot be exerted, wealth is useless, and…
— Herophilos
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When the Spirit is absent, our excuses always seem right, but in the presence of the Spirit our excuses fade…
— R. T. Kendall
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Though the dungeon, the scourge, and the executioner be absent, the guilty mind can apply the goad and scorch with…
— Lucretius
See all 320 Absent Quotes »