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 americacompetitivecountry share on social
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. Timothy Geithner acutebearbroad share on social
The plausible outcomes range from the gradual and benign to the more precipitous and damaging. Timothy Geithner benigndamagegradual Change image and share on social
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. Timothy Geithner adjustbusinesscrisis Change image and share on social
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. Timothy Geithner assetbehaviorbroaden share on social
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 calmendeventually Change image and share on social
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 bringchangecurrent Change image and share on social