Timothy Geithner Quotes

I believe deeply that it's very important to the United States, to the economic health of the United States, that we maintain a strong dollar.

Money can never circulate freely and actively unless there be absolute confidence in its value.

The most important quality of a currency is its stability.

As long as the dollar remains in high esteem as a trade currency, America can continue to spend more than it earns. But when the day arrives - as it certainly must - when the dollar tumbles and foreigners no longer want it, the free ride will be over.

We believe that our truly urgent need is to make our nation secure, our economy strong and our dollar sound. For every American this matter of the sound dollar is crucial. Without a sound dollar, every American family would face a renewal of inflation, an ever-increasing cost of living, the withering away of savings and life insurance policies.

As long as we keep our fundamentals strong...the dollar (and) U.S. borrowing costs will do just fine.

I want to state unequivocally for the world, as well as for the markets, as well as for the American people: I have no doubt that we will not lose the full faith and credit of the United States.

The participation of our country in the eurozone is a guarantee for the country's monetary stability. It is a driver of financial prosperity.

Banks properly established and conducted are highly useful to the business of the country, and will doubtless continue to exist in the States so long as they conform to their laws and are found to be safe and beneficial.

I am not wrong in the belief that its public funds are more secure than those of all the European powers.

But I would bet that the euro continues to exist and that its importance as a global currency will likely increase.

There is no safer place to put your money than in the middle of the U.S.

The IMF is set up to deal with liquidity crises.

Gold and silver afford the only safe foundation for a monetary system.

No great nation that ever went off the gold standard ever remained great.

Backing of paper money should be upon the gold, the silver, the wheat, the corn, and everything else in the country, including the public credit.

It does not mean of course that the pound here in Britain in your pocket has been devalued .

The dollar used to be a gold standard currency. And the dollar is really good in the last century, I mean in the 19th century.

It's in our interests that the euro is a successful, strong currency.

The U.S. currency has been the most attractive currency to be in for very, very long periods of time.

The most important thing is to defend the euro.

A stronger dollar increases U.S. dollar purchasing power.

The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America.

The first thing we better get going is strengthening our economy, because if we don't have a strong economy, we can't pay for all of this. And the world wants us to be able to function from strength, believe it or not.

I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.