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

He who follows his lessons tastes a profound peace, and looks upon everybody as a bunch of manure. – Moliere

Category:
Peace

I can promise you that women working together – linked, informed and educated – can bring peace and prosperity to this forsaken planet. – Isabel Allende

Category:
Peace

Challenging the integrity of the non-proliferation regime is a matter which can affect international peace and security. – Mohamed ElBaradei

Category:
Peace

I therefore declare, that if you wish any remission of the taxation which falls upon the homes of the people of England and Wales, you can only find it by reducing the great military establishments, and diminishing the money paid to fighting men in time of peace. – Richard Cobden

Category:
Peace

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Category:
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Category:
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