Timothy Geithner

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

— Timothy Geithner

#choice #correct #easier #mistake #overdoing

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. ↗

— Timothy Geithner

#come #does #end #eventually #exciting

Financial crises require governments. ↗

— Timothy Geithner

#financial #financial crises #governments #require

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. ↗

— Timothy Geithner

#bring #change #current #current form #fannie

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. ↗

— Timothy Geithner

#concentrated #crises #financial #financial crises #financial system

Monetary policy itself cannot sensibly be directed at reducing imbalances. ↗

— Timothy Geithner

#directed #imbalances #itself #monetary #monetary policy

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

— Timothy Geithner

#done #fog #getting #gray #involve

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. ↗

— Timothy Geithner

#before #confluence #economic #financial #hit

The government can help, but we need to make this transition now to a recovery led by private investment, private. ↗

— Timothy Geithner

#help #investment #led #make #need

The plausible outcomes range from the gradual and benign to the more precipitous and damaging. ↗

— Timothy Geithner

#damaging #gradual #more #outcomes #plausible