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
Currency
Fundamentals
China
Economic
Needs
Underlying
Reflects

More quotes by Henry Paulson

Image
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Henry Paulson
Image
The worst is likely to be behind us.
Henry Paulson
Image
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Henry Paulson
Image
There is no way to stabilize the markets other than through government intervention.
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
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
Image
Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
Henry Paulson
Image
Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you take charge, people will follow.
Henry Paulson
Image
China saves too much, produces too much, sells too much to Americans and consumes too little.
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
I've always said, 'I don't want to be irrelevant.'
Henry Paulson
Image
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
Henry Paulson
Image
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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
I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson