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However, even a strong government can't perform miracles. It needs money from the taxpayers.
George Soros
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George Soros
Age: 94
Born: 1930
Born: August 12
Banker
Business Magnate
Businessman
Economist
Financier
Investor
Philanthropist
Philosopher
Trader
Writer
Buda Pest
György Schwartz
György Soros
Government
Needs
Taxpayers
Even
Miracles
Perform
Miracle
However
Strong
Money
More quotes by George Soros
If truth be known, I carried some rather potent messianic fantasies with me from childhood which I felt I had to control, otherwise I might end up in the loony bin. But when I made my way in the world I wanted to indulge myself in my fantasies to the extent that I could afford.
George Soros
Every bubble has two components: something - some real trend, and a misconception about that trend.
George Soros
The key problem is the debt restructuring in the euro zone. As long as the debt burden is not reduced, there is no chance of the weaker EU countries regaining competitiveness.
George Soros
My main concern is with the world order
George Soros
I don't use my money to gain political influence for my private interests, which is what many rich people do, and what, in a sense, market fundamentalism does, because it is in the interests of people who have a lot of money to have as little taxes as possible.
George Soros
The bureaucratic method of building an integrated Europe has exhausted its potential.
George Soros
America needs to follow the policies it has introduced in Germany. We have to go through a certain de-Nazification process.
George Soros
If the bubbles contain a misconception, as they always do, then it can't be maintained forever.
George Soros
I fancied myself as some kind of god or an economic reformer like Keynes
George Soros
Once a trend is established it tends to persist and to run it’s full course.
George Soros
Market prices are always wrong in the sense that they present a biased view of the future.
George Soros
The reality is that financial markets are self-destabilizing occasionally they tend toward disequilibrium, not equilibrium.
George Soros
When it comes to social consequences, they've got all different people acting in different ways, very difficult to even have a proper criterion of success. So, it's a difficult task.
George Soros
The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future they help to shape it.
George Soros
Money values do not simply mirror the state of affairs in the real world valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit.
George Soros
Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in.
George Soros
The world order needs a major overhaul.
George Soros
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
George Soros
President George W. Bush is endangering the United States and the world's safety while undermining American values.
George Soros
If every rich person gave 50 percent of their wealth to charity, I would not say they should pay more taxes.
George Soros