Jamie Dimon Raises Issues Over United States Dollar Status

In a bold statement, JPMorgan Chase’s Chief Executive Officer Jamie Dimon has brought to light the precarious future of the US dollar as the dominant international reserve currency. Continue Reading: Jamie Dimon Raises Concerns Over US Dollar Status

In a bold declaration, JPMorgan Chase’s Chief Executive Officer Jamie Dimon has actually brought to light the precarious future of the US dollar as the dominant international reserve currency. Speaking to CNBC, Dimon stressed the gravity of internal difficulties within the United States federal government’s financial undertakings that might undermine the dollar’s standing unless therapeutic steps are urgently adopted. Dimon pointed out that without reliable monetary strategies, the US might threaten its position not simply economically, however also on the military front.