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

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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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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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

Americans will listen, but they do not care to read. War and Peace must wait for the leisure of retirement, which never really comes: meanwhile it helps to furnish the living room. – Anthony Burgess

Category:
Peace

When I leave here, when my final day on this earth is up, I want to leave in peace. I want to have peace in my heart. – Rodney King

Category:
Peace

Peace is a journey of a thousand miles and it must be taken one step at a time. – Lyndon B. Johnson

Category:
Peace

It is an unfortunate fact that we can secure peace only by preparing for war. – John F. Kennedy

Category:
Peace

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