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I've had good times on drugs. . . bad times on drugs. . . But I've had good and bad relationships. . . and I'm not giving up pussy.

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Timothy Geithner

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.

Government, Long, Risks, Ultimately, Wait, Waiting
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Most consequential choices involve shades of gray, and some fog is often useful in getting things done

Choices, Done, Fog, Gray, Shades

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.

Calm, Doe, Eventually, Giving, Guide, Transition

Hyperinflation is not going to happen in this country, will never happen. . . The Fed putting so much money into the system is not going to create the risk of hyperinflation in the future. We have a strong independent Federal Reserve with a very strong mandate from the Congress, and they will do what's necessary to keep inflation low and stable over time.

Country, Federal, Independent, Stable, Strong

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.

Crisis, Designed, Past, Shock, Shock Absorber, Stronger

We believe in a strong dollar. Chinese financial assets are very safe.

Believe, Chinese, Dollar, Strong
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