Logo
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
Author
Timothy Geithner
Read Quote

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
Author
Timothy Geithner
Read Quote

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
Author
Timothy Geithner
Read Quote
Other Quotes from
Money
category

I havent got as much money as some folks, but Ive got as much impudence as any of them, and thats the next thing to money. – Josh Billings

Category:
Money

He who controls the money supply of a nation controls the nation. – James A. Garfield

Category:
Money

I dont want young people to think they cant make a difference because they dont have money. – Kesha

Category:
Money

We cant go to people who have lost their job at GM and say, Oh, by the way, we are going to pay money to build a road here or inoculate children there, unless we can demonstrate that it is in Americas interest. I happen to think it is. – Hillary Clinton

Category:
Money

Random Quotes

The toughest thing about the power of trust is that its very difficult to build and very easy to destroy. The essence of trust building is to emphasize the similarities between you and the customer. – Thomas J. Watson

Category:
power

My father followed, during most of his life, the precarious occupation of a country school teacher. – Simon Newcomb

Category:
teacher

I saw rock n roll future and its name is Bruce Springsteen. – Jon Landau

Category:
Future

Every day that is born into the world comes like a burst of music and rings the whole day through, and you make of it a dance, a dirge, or a life march, as you will. – Thomas Carlyle

Category:
Music