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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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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Other Quotes from
Money
category

When you try to find funding for a VVA function, it doesnt seem like its any trouble at all. People come out of the woodwork with their money to help out because we went over and fought a war. – R. Lee Ermey

Category:
Money

One thing I have clear is that I dont want to work for money anymore. – Antonio Banderas

Category:
Money

Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services. – Henry Ford

Category:
Money

People who identify themselves as conservatives donate money to charity more often than people who identify themselves as liberals. They donate more money and a higher percentage of their incomes. – Thomas Sowell

Category:
Money

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If you go to Sundance, the experience that Ive had there as a viewer is… theres like a hundred movies there, and youve got to figure out what movies are sold out, what can you see. Sometimes you go to see movies that you dont know anything about because it just works into your schedule. – Tim Heidecker

Category:
movies

I love doing normal things – movies, shopping, going out with friends, writing, reading, taking hot bubble baths – thats a big one for relaxation. I also love to go to art and history museums. – Christina Aguilera

Category:
Art

The shortest period of time lies between the minute you put some money away for a rainy day and the unexpected arrival of rain. – Jane Bryant Quinn

Category:
Money

Superstition is to religion what astrology is to astronomy the mad daughter of a wise mother. These daughters have too long dominated the earth. – Voltaire

Category:
Religion