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Ted Cruz: “George Soros made his money on arbitraging currency, on…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Published | Video Starts at 01:26

Do you know whose wealth they're not calling to confiscate? George Soros. Oh, of course not. No, no. If you're a leftist, if you pay. He's a massive billionaire, by the way. He George Soros made his money on arbitraging currency, on essentially betting and bankrupting lots of people. He made his money in a very, very cynical way, shorting the British pound and causing enormous devastation. That's quite different from how Elon made his money building companies that employ thousands of thousands of people innovating and transforming the world. (01:26–01:33)

CLAIM

Asserts that George Soros made his money through currency arbitrage and bankrupting people.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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