Best 23 of Timothy Geithner quotes - MyQuotes

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Timothy Geithner
By Anonym 13 Sep

Timothy Geithner

If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to - the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.

By Anonym 13 Sep

Timothy Geithner

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.

By Anonym 14 Sep

Timothy Geithner

The choice is between which mistake is easier to correct: underdoing it or overdoing it.

By Anonym 15 Sep

Timothy Geithner

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.

By Anonym 13 Sep

Timothy Geithner

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

By Anonym 15 Sep

Timothy Geithner

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.

By Anonym 13 Sep

Timothy Geithner

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.

By Anonym 14 Sep

Timothy Geithner

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 at least, if you want peace or stability, it's better to prepare for war or instability

By Anonym 15 Sep

Timothy Geithner

We believe in a strong dollar. Chinese financial assets are very safe.

By Anonym 14 Sep

Timothy Geithner

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.

By Anonym 15 Sep

Timothy Geithner

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.

By Anonym 14 Sep

Timothy Geithner

The government can help, but we need to make this transition now to a recovery led by private investment.

By Anonym 15 Sep

Timothy Geithner

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.

By Anonym 13 Sep

Timothy Geithner

Financial crises require governments.

By Anonym 15 Sep

Timothy Geithner

The rest of the world needs the U.S. 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.

By Anonym 14 Sep

Timothy Geithner

Most consequential choices involve shades of gray, and some fog is often useful in getting things done

By Anonym 14 Sep

Timothy Geithner

Monetary policy itself cannot sensibly be directed at reducing imbalances.

By Anonym 15 Sep

Timothy Geithner

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 or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits.

By Anonym 13 Sep

Timothy Geithner

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.

By Anonym 15 Sep

Timothy Geithner

The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move.

By Anonym 13 Sep

Timothy Geithner

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.

By Anonym 14 Sep

Timothy Geithner

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 in the infrastructure of the financial system.

By Anonym 15 Sep

Timothy Geithner

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.