"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."

Timothy Geithner, American Public Servant

People, Strategy, America, Country

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"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."

Exlpore more People quotes

"In Hollywood the woods are full of people that learned to write but evidently can't read. If they could read their stuff, they'd stop writing."

Will Rogers, American Actor

People, Hollywood, Writing

"It is not actual suffering but the taste of better things which excites people to revolt."

Eric Hoffer, American Writer

People, Suffering, Taste

"It's not a slam at you when people are rude, it's a slam at the people they've met before."

F. Scott Fitzgerald, American Author

People,

"We should not judge people by their peak of excellence; but by the distance they have traveled from the point where they started."

Henry Ward Beecher, American Clergyman

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"When people are taken out of their depths they lose their heads, no matter how charming a bluff they may put up."

F. Scott Fitzgerald, American Author

People, May

"I believe that in every country the people themselves are more peaceably and liberally inclined than their governments."

Franklin D. Roosevelt, American President

People, Country

"Some people displease with merit, and others' very faults and defects are pleasing."

Francois de La Rochefoucauld, French Writer

People, Faults, Merit

"You can stroke people with words."

F. Scott Fitzgerald, American Author

People, Words

"One-third of the people in the United States promote, while the other two-thirds provide."

Will Rogers, American Actor

People, states, United

"Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted."

John Kenneth Galbraith, American Economist

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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."

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

"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

"We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support."

Government

"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."

End

"The choice is between which mistake is easier to correct: underdoing it or overdoing it."

Mistake

"We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households."

Home

"The substantial uncertainty about the path of asset price movements going forward necessarily reduces the case for altering policy in advance of the move."

Policy

"As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past."

Policy

"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."

Finance