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I think the politics have gotten better in the United States, which makes it easier to pass legislation, budgets and treaties.
Jamie Dimon
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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
United
Makes
Treaties
States
Legislation
Better
Budgets
Think
Gotten
Thinking
Pass
Easier
Politics
More quotes by Jamie Dimon
If business doesn't thrive, it hurts America. We need improved relations, more collaboration, more thought and more consistency as we go about trying to make sure we have the best country in the world. Not scapegoating and finger-pointing.
Jamie Dimon
I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.
Jamie Dimon
It's good for America when the rest of the world grows, because you can sell more to the rest of the world.
Jamie Dimon
You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, It could have been much better.
Jamie Dimon
I agree with people who say we want more income equality we want more consumer protection and we want sounder banks. I agree with all that.
Jamie Dimon
It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner, like we've announced with On Deck, which does some of the stuff we just spoke about.
Jamie Dimon
More people are working, lending is up and savings are up. These are all positive signs for a strengthening economy.
Jamie Dimon
It's offensive to me to be called a cost cutter.
Jamie Dimon
I do believe that some of these regulations made the markets more volatile, and it remains to be seen how bad that can be.
Jamie Dimon
Companies are returning a lot of money to shareholders through dividends and buybacks. And a lot of people say that's not a good use of capital. I think that's normal reallocation of capital.
Jamie Dimon
I think the free-enterprise system has been great for society. That doesn't mean it's completely perfect. And also, when people say capitalism, I'm not really sure what they mean.
Jamie Dimon
I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.
Jamie Dimon
You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.
Jamie Dimon
But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.
Jamie Dimon
The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis, and sometimes collaboration between government and business, to understand how that works.
Jamie Dimon
I wanted to start by saying that the eurozone - there are two reasons they formed the European Union. One is for political peace and rationalization. And I think that's a good thing for a continent that went through hundreds of years of wars.
Jamie Dimon
As countries get wealthier - all of them, together - you're going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they're too highly valued, or too leveraged.
Jamie Dimon
I believe it's a good thing that people say, Can we find a way to live together in peace? And they did, for the most part.
Jamie Dimon
Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things then we'll buy them.
Jamie Dimon
JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.
Jamie Dimon
