George Soros Quote

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.


The Alchemy of Finance: Reading the Mind of the Market (ed. 1994)


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....

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....

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....

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....