Monetary policy itself cannot sensibly be directed at reducing imbalances.

Quote by William E Geist

Topics: William E Geist Quotes

Financial crises require governments.

Financial crises require governments.

And I think it's a prudent, responsible way, given the scale of the emergency, the...

And I think it's a prudent, responsible way, given the scale of the emergency, the...

Pressed caviar has the consistency of chilled tar.

Pressed caviar has the consistency of chilled tar.

Most consequential choices involve shades of gray, and some fog is often useful in getting...

Most consequential choices involve shades of gray, and some fog is often useful in getting...

Some think that by preparing to deal with crises you make them more likely. I...

Some think that by preparing to deal with crises you make them more likely. I...

As financial markets continue to broaden and deepen, the behavior of asset prices will play...

As financial markets continue to broaden and deepen, the behavior of asset prices will play...

Drawn by warm nostalgic feelings for the place and by two sweet little words: Open...

Drawn by warm nostalgic feelings for the place and by two sweet little words: Open...

I personally believe that there's going to be a good case for the government preserving...

I personally believe that there's going to be a good case for the government preserving...

I think we're not going to preserve Fannie and Freddie in anything like their current...

I think we're not going to preserve Fannie and Freddie in anything like their current...

Looking past the immediate crisis, a more resilient system must be built on stronger and...

Looking past the immediate crisis, a more resilient system must be built on stronger and...

Although this crisis in some ways started in the United States, it is a global...

Although this crisis in some ways started in the United States, it is a global...

New York is a city of conversations overheard, of people at the next restaurant table...

New York is a city of conversations overheard, of people at the next restaurant table...

Kristin Brown looks as though she could have been mailed first-class to New York for...

Kristin Brown looks as though she could have been mailed first-class to New York for...

Grown men have been seen fleeing after reading the menu posted outside.

Grown men have been seen fleeing after reading the menu posted outside.

It is very important for people to understand that the United States of America and...

It is very important for people to understand that the United States of America and...

In the financial system we have today, with less risk concentrated in banks, the probability...

In the financial system we have today, with less risk concentrated in banks, the probability...

But what we're determined to do, and what the reforms will do is to make...

But what we're determined to do, and what the reforms will do is to make...

Never before in modern times has so much of the world been simultaneously hit by...

Never before in modern times has so much of the world been simultaneously hit by...

Scrooge pushed past Mary number 1 and Joseph number 2 in the wings without so...

Scrooge pushed past Mary number 1 and Joseph number 2 in the wings without so...