All Timothy Geithner Quotes
- Most consequential choices involve shades of gray, and some fog is often useful in getting things done Choices
- In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional… Bank
- Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we… Been
- Some think that by preparing to deal with crises you make them more likely. I think the wiser judgment is the contrary. In this area… Area
- The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about… Achievement
- The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move. Advance
- This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize. Adjust
- The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the… Calm
- The government can help, but we need to make this transition now to a recovery led by private investment, private. Government
- The choice is between which mistake is easier to correct: underdoing it or overdoing it. Choice
- The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center… Activity
- And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we finance… Additional
- Financial crises require governments. Crises
- The plausible outcomes range from the gradual and benign to the more precipitous and damaging. Benign
- The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term… Any
- There is a basic lesson on financial crises that governments tend to wait too long, underestimate the risks, want to do too little. And it… Basic
- Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and… Absorbers
- Monetary policy itself cannot sensibly be directed at reducing imbalances. Cannot Sensibly
- As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going… Asset
- We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial… Access