Geithner, Timothy

I think we've been carefully to reduce enthusiasm for the proposition that we can look at the world today and make tightly calibrated judgments with confidence about where equilibrium is, and therefore where we are against it. You know, as you know, you must know that those estimates, a lot of candle power is thrown at those estimates. And I think the state of the art shows wide bands of uncertainty around that measure. And that the center of the range moves around a lot over time, quite a lot over time.

From the audience Q&A session