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People with low financial literacy standards are often unable to take their ideas and create assets out of them.

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Timothy Geithner

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
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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

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

If you don't try to generate more revenues through tax reform, if you don't ask, you know, the most fortunate Americans to bear a slightly larger burden of the privilege of being an American, then you have to - the only way to achieve fiscal sustainability is through unacceptably deep cuts in benefits for middle class seniors, or unacceptably deep cuts in national security.

Achieve, Benefits, Class, Cutting, Revenues, Senior
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