John B. Taylor Quotes

I think that this is the most significant financial crisis in the post-War period for the United States, and it has in fact a global reach.... I think it is extraordinarily important to understand that, as we have seen in many previous examples of different countries and different times, choking up of credit is like taking the lifeblood away from the economy.

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.

With the lessons taken from the financial crisis in 1997, the Republic of Korea has been able to surmount the global economic crisis rather successfully.

It always looks dark at the bottom of a recovery.

Tell Dr. Madison that we are now willing to submit to his Philadelphia lawyer for head of the Treasury. The public patient is so very sick that we must swallow anything, however nauseous.

Good strong banks are essential for every family and for every business in the country and extraordinary times call for the bold and far-reaching solutions that the Treasury has announced today.

The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.

As long as I feel I am doing what I think is right and just for my country, for the Greek people, that is enough for me. Saving Greece from this crisis was the first thing on the agenda. We are now on a much more normalised road.

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.

I take great pride in having been able to overcome the Asian financial crisis and seeking the opportunities available to bring about an unprecedented growth in the economy.

To paraphrase Winston Churchill, I did not take the oath I have just taken with the intention of presiding over the dissolution of the world's strongest economy.

2008 was to the American economy what 9/11 was to national security. Yet while 9/11 prompted the U.S. government to tear up half the Constitution in the name of public safety, after 2008, authorities went in the other direction.

I take office during the most difficult moment in the country's recent history. The country can be saved - it's up to us. I think it is obvious for those who support this government to undertake the commitment and ensure that our country's euro membership is not endangered.

Where people are now in terms of the economic crisis, they're looking at what we think is the bottom, and I think that's when people look to film and to spirituality.

The purpose is clear. It is safety with solvency. The country is entitled to both.

New York never felt the recession. New York never felt a depression.

If we bankrupt America, we will all pay the price.

We should remember it wasn't so long ago that confidence in New York was in short supply.

When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary.

The experience of the '90s, whether it's the '94 peso crisis or the '97 crisis in Asia, the '98 crisis, even the 2001 crisis, is that we recovered pretty readily. There wasn't great consequence.

I would like to thank the Cypriot people for their maturity and collectedness shown in their interactions with the Cypriot Banks.

How much would you pay to avoid a second Depression?

Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.

All the merchants may break, but the Bank of the United States will not break.

I don't think it's the end of the world even if we have a recession. We'll pull back out of it again. No big deal.