Quote by Timothy Geithner
There is a basic lesson on financial crises that governments tend

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

Other quotes by Timothy Geithner

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

Category:
Peace
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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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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
Money
category

Why is there so much month left at the end of the money? – John Barrymore

Category:
Money

I like to sing ballads the way Eddie Fisher does and the way Perry Como does. But the way Im singing now is what makes the money. – Elvis Presley

Category:
Money

Money doesnt buy class. – Kiana Tom

Category:
Money

Nobody wants to read about the honest lawyer down the street who does real estate loans and wills. If you want to sell books, you have to write about the interesting lawyers – the guys who steal all the money and take off. Thats the fun stuff. – John Grisham

Category:
Money

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So then, the relationship of self to other is the complete realization that loving yourself is impossible without loving everything defined as other than yourself. – Alan Watts

Category:
relationship

Thats what Id like to do on the Presidents Council. Make sports and athletics available to every youth in America, not just one day a week like it was for me, but every day. – Florence Griffith Joyner

Category:
Sports

Women artists need to break barriers in order for womens experience to be valuable. – Liz Phair

Category:
Experience

Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us. – Samuel Smiles

Category:
Hope