Business Insider
Business Insider
US · 7 mins ago

Jamie Dimon says the dollar could lose reserve-currency status if the US loses its economic and military edge

JPMorgan CEO Jamie Dimon launched a $1.5 trillion security and resiliency initiative last year. SAUL LOEB / AFP via Getty Images Jamie Dimon says US economic and military strength underpins the dollar's reserve status. The US made a mistake relying on China for critical materials. The Iran war shows the US isn't ready for a prolonged war. The dollar could eventually lose its status as the world's reserve currency if the US fails to maintain its economic and military dominance, JPMorgan Chase…
Business Insider
Do you trust Business Insider?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!