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)

Picture Quote 1

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....

Picture Quote 2

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....

Picture Quote 3

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....

Picture Quote 4

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....