Quote

China needs a currency that reflects underlying economic fundamentals.

Henry Paulson

Change background

T
T
T

Change font

TAGS & TOPICS

Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Underlying
Reflects
Currency
Fundamentals
China
Economic
Needs

More quotes by Henry Paulson

Image
There is no way to stabilize the markets other than through government intervention.
Henry Paulson
Image
The U.S. didn't save enough we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.
Henry Paulson
Image
There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
Henry Paulson
Image
My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.
Henry Paulson
Image
I'm a straightforward person. I like to be direct with people.
Henry Paulson
Image
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
Image
As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.
Henry Paulson
Image
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
Henry Paulson
Image
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson
Image
There are some things that you can work on immediately.
Henry Paulson
Image
As a Christian Scientist, I don't go to doctors and get diagnoses.
Henry Paulson
Image
The worst is likely to be behind us.
Henry Paulson
Image
China saves too much, produces too much, sells too much to Americans and consumes too little.
Henry Paulson
Image
A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
Henry Paulson
Image
I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson
Image
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Henry Paulson
Image
An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.
Henry Paulson
Image
Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
Henry Paulson
Image
I've always said, 'I don't want to be irrelevant.'
Henry Paulson
Image
The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.
Henry Paulson