Jamie Dimon Warns Dollar Won’t Stay Reserve Currency if US Loses Its Edge: ‘The World Will Be Fragmented’
JPMorgan CEO Jamie Dimon warns the US dollar could lose its reserve status in 25 years if American power slips, fragmenting global economy.
The head of a big bank thinks the US dollar (money used worldwide) could become less important if America loses its power—like how a popular game gets less fun when the best player stops showing up. This warns us to think about whether strong American companies and leadership matter to how the whole world's money works.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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