Quote by Timothy Geithner
Some think that by preparing to deal with crises you make them mor

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, its better to prepare for war or instability. – Timothy Geithner

Other quotes by Timothy Geithner

I personally believe that theres 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 theres going to be a good case for that. – Timothy Geithner

Category:
finance
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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

Category:
Knowledge
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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

Category:
Money
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Other Quotes from
Peace
category

After four years at the United Nations I sometimes yearn for the peace and tranquility of a political convention. – Adlai E. Stevenson

Category:
Peace

Even peace may be purchased at too high a price. – Benjamin Franklin

Category:
Peace

By focusing once and for all on helping the Palestinians build a free society, I have no doubt that an historic compromise between Israelis and Palestinians can be reached and that peace can prevail. – Natan Sharansky

Category:
Peace

Peace has to be created, in order to be maintained. It will never be achieved by passivity and quietism. – Dorothy Thompson

Category:
Peace

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