Timothy Geithner Quotes
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 are now living through.
Most consequential choices involve shades of gray, and some fog is often useful in getting things done
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 transition will be calm or exciting.
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.
The choice is between which mistake is easier to correct: underdoing it or overdoing it.
The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move.
I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar.
The government can help, but we need to make this transition now to a recovery led by private investment.
The plausible outcomes range from the gradual and benign to the more precipitous and damaging.
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-centered financial systems
We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.
