HOME POPULAR Love Life Inspiration Motivation Funny Friendship Family Faith Happy Hurt Sad Cute Success Wisdom ALL TOPICS Animals Art Attitude Beauty Business Birthdays Dreams Facts Fitness Food Forgiving Miss You Nature Peace Smile So True Sports Teenage Trust Movie TV Weddings More.. AUTHORS Einstein Plato Aristotle Twain Monroe Jefferson Wilde Carroll Confucius Hepburn Dalai Lama Lewis Lincoln Mandela Lao Tzu Ford More.. Affirmations Birthday Wishes
Follow On Pinterest
TOPICS
|
AUTHORS
|
CREATE
Advertisements

Timothy Geithner Quotes

Financial crises require governments Picture Quote #1
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 Picture Quote #1
The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy Picture Quote #1
Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what’s necessary to keep inflation low and stable over time Picture Quote #1
This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk Picture Quote #1
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 of global economic activity with financial and trade ties to every region of the globe Picture Quote #1
Advertisements
It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it Picture Quote #1
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 Picture Quote #1
I think we’re not going to preserve Fannie and Freddie in anything like their current form. We’re going to have to bring fundamental change to that market Picture Quote #1
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 these additional support for the unemployed as well as the support for small business. We think there’s a good case for doing it now. We want to do it in an overall fiscally responsible way Picture Quote #1
Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles Picture Quote #1
This plan will work Picture Quote #1
Advertisements
The government can help, but we need to make this transition now to a recovery led by private investment, private Picture Quote #1
Monetary policy itself cannot sensibly be directed at reducing imbalances Picture Quote #1
We believe in a strong dollar... Chinese financial assets are very safe Picture Quote #1
The plausible outcomes range from the gradual and benign to the more precipitous and damaging Picture Quote #1
The choice is between which mistake is easier to correct: underdoing it or overdoing it Picture Quote #1
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 Picture Quote #1
Advertisements
I personally believe that there’s going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there’s going to be a good case for that Picture Quote #1
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 Picture Quote #1
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 ultimately gets away from them, and they end up spending more money, causing much more damage to the economy Picture Quote #1
The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move Picture Quote #1
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 Picture Quote #1
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 Picture Quote #1
Advertisements
Most consequential choices involve shades of gray, and some fog is often useful in getting things done Picture Quote #1
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 forward, perhaps a more important role than in the past Picture Quote #1
I think you need to have a tax system that basically is flat, fair and simple. And - that you can put on a post card. I mean, even Timothy Geithner could do this one and get it on time Picture Quote #1
Friendship Quotes Love Quotes Life Quotes Funny Quotes Motivational Quotes Inspirational Quotes
Advertisements
Text Quotes
Financial crises require governments  (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.  (Timothy Geithner Quotes) The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.  (Timothy Geithner Quotes) Hyperinflation is not going to happen in this country, will never happen... The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what’s necessary to keep inflation low and stable over time  (Timothy Geithner Quotes) This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk  (Timothy Geithner Quotes) 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 of global economic activity with financial and trade ties to every region of the globe  (Timothy Geithner Quotes) It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it  (Timothy Geithner Quotes) 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  (Timothy Geithner Quotes) I think we’re not going to preserve Fannie and Freddie in anything like their current form. We’re going to have to bring fundamental change to that market  (Timothy Geithner Quotes) 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 these additional support for the unemployed as well as the support for small business. We think there’s a good case for doing it now. We want to do it in an overall fiscally responsible way  (Timothy Geithner Quotes) Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles  (Timothy Geithner Quotes) This plan will work  (Timothy Geithner Quotes) The government can help, but we need to make this transition now to a recovery led by private investment, private  (Timothy Geithner Quotes) Monetary policy itself cannot sensibly be directed at reducing imbalances  (Timothy Geithner Quotes) We believe in a strong dollar... Chinese financial assets are very safe  (Timothy Geithner Quotes) The plausible outcomes range from the gradual and benign to the more precipitous and damaging  (Timothy Geithner Quotes) The choice is between which mistake is easier to correct: underdoing it or overdoing it  (Timothy Geithner Quotes) 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  (Timothy Geithner Quotes) I personally believe that there’s going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there’s going to be a good case for that  (Timothy Geithner Quotes) 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  (Timothy Geithner Quotes) 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 ultimately gets away from them, and they end up spending more money, causing much more damage to the economy  (Timothy Geithner Quotes) The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move  (Timothy Geithner Quotes) 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  (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  (Timothy Geithner Quotes) Most consequential choices involve shades of gray, and some fog is often useful in getting things done  (Timothy Geithner Quotes) 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 forward, perhaps a more important role than in the past  (Timothy Geithner Quotes) I think you need to have a tax system that basically is flat, fair and simple. And - that you can put on a post card. I mean, even Timothy Geithner could do this one and get it on time  (Timothy Geithner Quotes)