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"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."
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"A policy is a temporary creed liable to be changed, but while it holds good it has got to be pursued with apostolic zeal."

"With a foreign policy appropriately rooted in some sense of humanitarian decency, the Central African crisis will not be easily ignored by American policymakers. It screams for remedy."

"For instance, Clinton who was unquestionably the smartest of the bunch I talked to - both the ones who made it and didn't. He had a great interest in policy."

"Our presence in Afghanistan is not worth the price of any more American lives or treasure."

"I see the policy of opposing same-sex marriages or unions, whatever you call it, as bigotry or discrimination."

"The Reagan Administration, generally regarded as having conducted the most successful Transition of modern times, had managed during the election campaign to build bridges to the Democrats in some areas, notably foreign and national security policy."

"But it is also clear that left entirely untouched by public policy, the capitalist system will produce more inequality than is socially healthy or than is necessary for maximum efficiency."

"A comprehensive national energy policy is critical to our nation's economy and our national security. Energy expenditures account for about 7% percent of our total economy and influence pricing in the much of the rest of the economy."

"This nation's elected leaders owe all Americans the duty of formulating an Iraqi policy based on sound analysis of the actual facts."
Explore more quotes by Timothy Geithner


"In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems."


"I think we're not going to preserve Fannie and Freddie in anything like their current form. We're going to have to bring fundamental change to that market."


"The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy."


"The recognition that things that are not sustainable will eventually come to an end does not give us much of a guide to whether the transition will be calm or exciting."


"The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe."


"Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through."


"And I think it's a prudent, responsible way, given the scale of the emergency, the scale of the damage still facing America, that we finance these additional support for the unemployed as well as the support for small business. We think there's a good case for doing it now. We want to do it in an overall fiscally responsible way."


"Most consequential choices involve shades of gray, and some fog is often useful in getting things done."
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