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George Soros

George Soros Quotes

Business magnate

George Soros, born on August 12, 1930, is a renowned business magnate and philanthropist. He has significant influence in the global financial markets and is known for his unique investment strategies and philosophy. In the 1970s, Soros founded the Quantum Fund, which achieved substantial wealth growth over the following decades. Apart from his success in business, Soros is committed to promoting global democracy and open societies, supporting various educational and charitable projects through the Soros Foundation.

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Famous George Soros Quotes

“To my mind, there is a solution which has to do with democracy, because democratic governments are subject to the will of the people. So, if the people will it, you can actually create international institutions through the democratic states.”

People Ifs Mind States Government Economy Democracy Subjects Solutions Institutions Democratic International Democratic Government

Author:George Soros

“If the terrorists have the sympathy of people, it's much harder to find them. So we need people on our side, and that leads us to be responsible leaders of the world, show some concern with the problems.”

People Ifs World Needs Shows Problem Sides Leader Economy Concern Harder Responsible Terrorist Being Responsible

Author:George Soros

“At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.”

Needs Should Government Running Interest Economy Balance Higher Rate Budgets Over You Desirable Revenue Deficit Recessions Interest Rate Budget Deficit

Author:George Soros

“The financial markets play an active role in determining what's going to happen, how the economy is going to function.”

Play Happens Roles Economy Function Financial Active Financial Markets

Author:George Soros

“In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.”

States Happens Would Be Certain Economy Theory Circumstances Normal Fundamentals Financial Arise Behave Efficient Sequence Disruptive Financial Markets Efficient Markets Disequilibrium

Author:George Soros

“We must recognize that as the dominant power in the world we have a special responsibility. In addition to protecting our national interests, we must take the leadership in protecting the common interests of humanity.”

World Humanity Interest Leadership Common Responsibility Economy Special Dominant National Interests Common Interests

Book:Age of Fallibility: Consequences of the War on Terror

Source: Age of Fallibility: Consequences of the War on Terror

“I give away something up to $500 million a year throughout the world promoting Open Society. My foundations support people in the country who care about an open society. It's their work that I'm supporting. So it's not me doing it.”

People World Giving Years Country Care Millions Support Economy Foundation Who Cares Promoting

Author:George Soros

“I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs.”

Thinking Needs Looks Social Economy International Merit Sufficient

Author:George Soros

“Bush's war in Iraq has done untold damage to the United States. It has impaired our military power and undermined the morale of our armed forces. Our troops were trained to project overwhelming power. They were not trained for occupation duties.”

War States Done Force United United States Economy Military Duty Projects Iraq Damage Occupation Overwhelming Troops Morale Armed Forces Our Troops Military Power

Author:George Soros

“The people currently in charge have forgotten the first principle of an open society, namely that we may be wrong and that there has to be free discussion. That it's possible to be opposed to the policies without being unpatriotic.”

People Firsts May Principles Economy Policy Forgotten Discussion Being Free Unpatriotic

Author:George Soros

“There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well.”

Wells Doe Economy Policy Europe Administration Manifest Anti Semitism Sharon Resurgence

Author:George Soros

“I passionately disagreed with Treasury Secretary Hank Paulson's plan to bail out the banks by using a public fund called the Troubled Asset Relief Program (TARP) to help banks take toxic assets off their balance sheets. I argued that it would be much better to put the money where the hole was and replenish the equity of the banks themselves.”

Helping Would Be Economy Plans Balance Program Economics Holes Relief Fund Assets Toxic Secretary Sheets Equity Treasury Bail Balance Sheets Tarp

Author: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.”

May Country States Government Economy Issues Risk Members Creating Economics Print Exposed Currency Absent Default Central Banks Developed Country Depreciate

Author:George Soros

“Globalization has rendered the world increasingly interdependent, but international politics is still based on the sovereignty of states.”

World Stills States Economy Investing International Sovereignty Globalization

Author:George Soros

“A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.”

Important Ideas Economy Movement Investing Goods Global Economy Goods And Services Free Movement

Author: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.”

Interest Economy Members Degrees Compatible

Author:George Soros

“When I had made more money than I needed for myself and my family, I set up a foundation to promote the values and principles of a free and open society.”

Made Values Principles Economy Needed My Family Foundation More Money Family Values

Author:George Soros

About the Author

Born: August 12, 1930
Known for: Business magnate
Quotes: 201

Related Topics

Investing Financial Ifs World Economy Needs Financial Markets Interest States Government People Country Democracy Germany Political Trends Use Values Crisis Doe

Popular Topics

People Ifs Thinking Knows Men World Way Want Love Life Inspirational Needs Giving Feels Should Writing Trying Years Mind Firsts

Books & Sources

The Alchemy of Finance: Reading the Mind of the MarketRelated source material

Soros on Soros: Staying Ahead of the CurveRelated source material

The Alchemy of FinanceRelated source material

Age of Fallibility: Consequences of the War on TerrorRelated source material

Open Society Reforming Global Capitalism ReconsideredRelated source material

My PhilanthropyRelated source material

Open Society: Reforming Global CapitalismRelated source material

The Age of Fallibility: Consequences of the War on TerrorRelated source material

The Crash of 2008 and What it Means: The New Paradigm for Financial MarketsRelated source material

The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It MeansRelated source material

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