#financial system

That inefficiency is masked because growth and progress are measured in money, and money does not give us information about ecological systems, it only gives information about financial systems. ↗

— Paul Hawken

#because #does #ecological #financial #financial systems

The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar. ↗

— Peer Steinbruck

#financial #financial system #lose #status #superpower

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. ↗

— Ben Bernanke

#congress #critical #efficient #employment #fairly

It's great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system. ↗

— Jamie Dimon

#analysis #collaborate #facts #financial #financial system

It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with. ↗

— Robert Gibbs

#continuing #crisis #dealing #eight #end

This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk. ↗

— Timothy Geithner

#economies #exposed #far #financial #financial systems

The rest of the world needs the US economy and financial system to recover in order for it to revive. We remain at the center of global economic activity with financial and trade ties to every region of the globe. ↗

— Timothy Geithner

#center #economic #economic activity #economy #every

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms. ↗

— Toshihiko Fukui

#allocating #among #channeling #corporate #crucial

We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households. ↗

— Timothy Geithner

#bear #broader #brought #companies #consequences

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. ↗

— Timothy Geithner

#both #built #crisis #designed #financial