Timothy Geithner Quotes & Sayings
27 most famous Timothy Geithner quotes and sayings (public servant). These are the first 10 quotes we have.
“Most consequential choices involve shades of gray, and some fog is often useful in getting things done.”
“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.”
“The choice is between which mistake is easier to correct: underdoing it or overdoing it.”
“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.”
“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.”
“Monetary policy itself cannot sensibly be directed at reducing imbalances.”
“Financial crises require governments.”
“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.”
“The government can help, but we need to make this transition now to a recovery led by private investment, private.”
“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.”
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