Skip to content

Economic crisis Quote by Yuval Noah Harari

Download Open image
““Everybody is terrified that the current economic crisis may stop the growth of the economy. So they are creating trillions of dollars, euros and yen out of thin air, pumping cheap credit into the system, and hoping that the scientists, technicians and engineers will manage to come up with something really big, before the bubble bursts. Everything depends on the people in the labs. New discoveries in fields such as biotechnology and nanotechnology could create entire new industries, whose profits could back the trillions of make-believe money that the banks and governments have created since 2008. If the labs do not fulfil these expectations before the bubble bursts, we are heading towards very rough times. Columbus””

Yuval Noah Harari

4.7 out of 5 (4 ratings)

More by Yuval Noah Harari

Explore all 1,200 Yuval Noah Harari quotes

More Economic crisis quotes

Browse all 146 Economic crisis quotes