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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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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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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Other Quotes from
Peace
category

That a man be willing, when others are so too, as far forth as for peace and defense of himself he shall think it necessary, to lay down this right to all things and be contented with so much liberty against other men, as he would allow other men against himself. – Thomas Hobbes

Category:
Peace

Peace is not made at the council table or by treaties, but in the hearts of men. – Herbert Hoover

Category:
Peace

None of the abstract concepts comes closer to fulfilled utopia than that of eternal peace. – Theodor Adorno

Category:
Peace

You dont make peace with friends. You make it with very unsavory enemies. – Yitzhak Rabin

Category:
Peace

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Friendship with ones self is all important, because without it one cannot be friends with anyone else in the world. – Eleanor Roosevelt

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Deacon Jones has been the most inspirational person in my football career. – Jack Youngblood

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Its a great mistake, I think, to put children off with falsehoods and nonsense, when their growing powers of observation and discrimination excite in them a desire to know about things. – Anne Sullivan

Category:
parenting

The vices of the rich and great are mistaken for error; and those of the poor and lowly, for crimes. – Marguerite Gardiner, Countess of Blessington

Category:
Justice & Law