"There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." -Ludwig Von Mises
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Jan
12

George Soros on the Theory of Reflexivity

Author: Mac Slavo
- January 12th, 2009
                            Comments (1)

George Soros at MIT discusses, among other things, the theory of reflexivity and how it applies not only to economic principles, but to the world as a whole.

Author: Mac Slavo
Date: January 12th, 2009
Visit the Author's Website: http://www.SHTFplan.com/

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Posted In: George Soros

 

One Response to “George Soros on the Theory of Reflexivity”

  1. Jim Rogers - CNN Asia Talk - January 12, 2009
    January 12th, 2009 at 11:15 pm

    [...] If you’ve never listened to Jim Rogers, I strongly urge you to spend 7 minutes today. Mr. Roger’s theories of the ‘puzzle’ are insightful and displays his understanding of the complex nature of how our society interacts and how those interactions are unpredictable and everchanging. Not surprisingly, Mr. Rogers seems to subscribe to the theory of reflexivity recently published by George Soros. [...]

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