Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs.
More Quotes from George Soros:
Up to those amounts the countries concerned would be able to access international capital markets at prime rates. Beyond these, the creditors would have to beware.George Soros
Just as the process of repealing national alcohol prohibition began with individual states repealing their own prohibition laws, so individual states must now take the initiative with respect to repealing marijuana prohibition laws.
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.
George Soros
The market today is dominated by much younger people who have not experienced a bear market.
George Soros
I hardly knew the man's name, ... He really invented me. He needed me for his political purposes, so I'm a figment of his imagination.
George Soros
I think the (Brazilian) government has done most of the things it promised to do on the fiscal front, ... However, it has mismanaged the process so badly that the currency overshot.
George Soros
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Based on Topics: Value QuotesBased on Keywords: invention, under-estimate
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The higher the voice the smaller the intellect.
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