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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."
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"To make dollars from cents you have to have sense."
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Personal Development
"A drunkard would not give money to sober people. He said they would only eat it, and buy clothes and send their children to school with it."
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Personal Development
"Egoism and Money [Goddess of wealth; Lakshmi] are very much at odds [have great enmity]. There should be just enough egoism to accomplish one's work. Beyond that, any expanded egoism and money have great enmity. Money (Lakshmi) stays away from it."
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Personal Development
"Money cannot buy you love. But it sure can buy you things that some people will love you for having."
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Personal Development
"When a fellow says, "It ain't the money but the principle of the thing," it's the money."
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Personal Development
"If advertisers spent the same amount of money on improving their products as they do on advertising then they wouldn't have to advertise them."
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Personal Development
"All about the fucking money... money... money... thinking it's for the good for your generation... but so far it's neither and for that and neither and for that... It's mostly for the worst of your generation and other's generations."
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Personal Development
"To give real service you must add something which cannot be bought or measured with money, and that is sincerity and integrity."
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Personal Development
"It is not important how much money you gave away. It is important what good it will do on the way."
Author Name
Personal Development
"The Bible does not say money is the root of all evil; it says the love of money is the root of all kinds of evil. A poor man who, in his heart, worships the idea of being rich is more vulnerable to its evils than a rich man who has a heart to use it all for the Lord."
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Personal Development
Explore more quotes by Timothy Geithner
"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."
Finance
"The choice is between which mistake is easier to correct: underdoing it or overdoing it."
Mistake
"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, it's better to prepare for war or instability."
Peace
"Financial crises require governments."
Finance
"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it."
People
"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."
Finance
"Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system."
Finance
"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."
Change
"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."
Money
"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."
Quality
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