JPMorgan CEO Warning: The US Dollar is in danger of losing its reserve currency status!
Jakarta, Pintu News – Jamie Dimon, CEO of JPMorgan Chase, recently expressed his concerns for the future of the US dollar as the global reserve currency. In an interview with CNBC at the Reagan National Economic Forum, Dimon emphasized that internal problems in the country’s financial management could destabilize the US’ economic and military position.
Threatening Internal Issues
According to Dimon, poor financial management by the US government at various levels, including states and cities, especially in pension fund management, is a serious threat. Failure to address this issue could impact the ability of the US to maintain its status as a global economic power.
Dimon emphasized that without a dominant economy and military, the US will no longer be the world’s reserve currency. This condition requires swift and appropriate action from the government to fix the existing internal problems. Otherwise, the US risks losing more than just its economic status, but also its global influence.
Also Read: MicroStrategy Up 2,930%! Michael Saylor’s Crazy Strategy in Crypto Turns out to be Fruitful
The Urgency of Economic Improvement
Jamie Dimon is calling for urgent action from the US government to fix potentially harmful internal problems. He believes that the US still has the capacity to maintain its position as the world’s largest economy, but only if corrective measures are taken immediately.
Dimon was referring to the resilience the US has been known for, but this time, he said, the situation is different and requires a more serious response. Failure to address this issue will not only affect the US economy, but also its position in global geopolitics. Losing its status as a reserve currency will reduce the influence of the US on the international stage.
History as a Teacher
Dimon emphasized the importance of understanding history in this context, noting that no dominant power is eternal without efforts to maintain its superiority. He cited examples from history where countries that did not manage their resources and finances well ended up losing their strategic position in the world.
This understanding should be the basis for the US government to immediately take concrete steps to improve the situation. Without that, gloomy predictions about the future of the US dollar could come true.
Conclusion
In conclusion, the warning given by Jamie Dimon is not just a market commentary, but a call to action for the US government. By addressing its internal issues and strengthening its economy and military, the US still has a chance to maintain its status as a world power. However, the window of opportunity will not remain open forever.
Also Read: Bitcoin in danger of weakening again? Bollinger Bands indicator gives this sign!
That’s the latest information about crypto. Follow us on Google News for the latest crypto and blockchain technology updates. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.
Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Daily Hodl. JPMorgan Chase CEO Jamie Dimon Warns US Dollar May Fail as the Reserve Currency if These Two Things Happen. Accessed on June 2, 2025
- Featured Image: SHAFT OF RESISTANCE
