"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."

Timothy Geithner, American Public Servant

Finance, Financial, Crisis, Past

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"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."

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"The only difference, apart from heaps of cash, between someone who is wealthy and someone who is poor is having the right mindset and attitude."

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"Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions."

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"I believe Money is too important to leave in the hands of government officials."

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"Don't think money does everything or you are going to end up doing everything for money."

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"Once you deposit that money in your checking account, it becomes the bank's money and you're just another one of their creditors."

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"Money is only a problem to those that aren't willing to develop a higher conscience about how to master it."

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"Organized scarcity is the best way to increase your profits.This is the idea of the ends justify the means. There are second and third order effects that will take away all of the gains and then some. Wisdom is better than gold, peace is better than profit."

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"A sure way to go broke is to spend your outer riches before you have saved enough of your inner ones."

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"Sharpen and trust your judgement: learn when spending is a shrewd investment and when it is merely an indulgence."

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"The difference between time and money is that money can be stored for future use. Most people make the mistake of saving money by wasting their time."

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Explore more quotes by Timothy Geithner

"This crisis is not simply a more severe version of the usual business cycle recession, the typical downturn in which economies ultimately adjust and stabilize."

Business, Crisis

"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, Uncertainty

"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."

Finance, Business, America, Now

"Although this crisis in some ways started in the United States, it is a global crisis. We bear a substantial share of the responsibility for what has happened, but factors that made the crisis so acute and so difficult to contain lie in a broader set of global forces that built up in the years before the start of our current troubles."

Lie, Crisis, Responsibility, states

"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, Financial, Living, Now, World

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

Mistake, Choice

"The world is likely to view any temporary extension of the income tax cuts for the top two percent as a prelude to a long-term or permanent extension, and that would hurt economic recovery as well by undermining confidence that we're prepared to make a commitment today to bring down our future deficits."

Commitment, Confidence, Future, Tax

"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, Failure, Financial, Values

"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, Will

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

Choice, Choices