I'm no economist. So I'm always grateful when somebody who is more expert than I am can explain economic forces in a way that makes sense. Soros has done that. Of course, any economic theory is just that--a theory--unless you can produce lots of evidence that it works. While he hasn't done that here, his theories have made him a wealthy man. So they're worth listening to.

Not much evidence supplied, but really interesting insights.

Both the New York Review of Books and George Soros are political nut cases. Soros is a very successful speculator but why would he tell anyone much about how he makes money through speculation? Or is his testimony part of a plot to further his speculations? Certainly his comment on peak oil is right on target. There are huge, huge potential sources of oil given the right price.