George Soros Quotes

You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.

When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment.

In normal times, investors should pay more attention to the credit markets because it's the energy by which everything is driven. It's the oil in the engine.

Every central banker in the world pays attention to credit growth, but not in the U.S.

The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money.

To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.

Spain is finding it very difficult to finance itself with sovereign debt risk premium so high.

Ours is an economy that depends on the availability of credit at affordable interest rates.

When all things are considered, it will be found best for the Nation to leave the Borrowers and the Lender to make their own Bargains, according to the Circumstances they lie under

The second evil arising from the practice of banking, has its origin, in the system of credit itself; and the shock which, as it is rounded on prevailing opinion, it is liable to receive from whatever shakes public confidence.

The Federal Reserve bank buys government bonds without one penny

Financial markets will tolerate a Republican deficit but will run screaming in panic from a Democratic deficit a fraction its size.

If one wants to avoid the recurrence of economic crises, one must avoid the expansion of credit that creates the boom and inevitably leads into the slump.

Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.

You can't grow unless your banking system is expanding and you are extending credit.

Lending rate is a function of both liquidity as well as credit demand.

Real short- and long-term rates were relatively high in the late-1990s, so financial excess can also arise without a low-rate environment.

The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securities are, in turn, a primary vehicle for savings for a wide range of U.S. households. Treasury securities are also an important source of collateral within the financial system.

I've been focused on the West Coast economy and being a banker and lending in these markets.

By purchasing and holding large amounts of Treasury securities and MBS, we put additional downward pressure on term premiums and so on long-term rates.