Jamie Dimon weighs in on interest rate cuts, the economy, and student loan crisis

[@babyimHOME]

Listening to this guy for many years, I've picked up on that he speaks intelligently UNTIL it's in his self interest to say otherwise.

[@InvestingEducation]

Haha like mostly everybody

[@bobbymounts]

I love that they brought in politics without making it too political or biased. Great approach.

[@jamesrattenborg]

A high protein low carbohydrate and no sugar diet would cause health care cost to go down in the trillions of dollars. But you must remember that sugar and high fructose corn syrup and excessive breads and carbohydrates are big business for drug companies and heart surgeons, and the sugar food industry.

[@nilnil7325]

Money is made in managing disease, not in curing it.

[@jamesrattenborg]

With the age of the internet, college tuition should go down as many people can get a degree online. This saves the cost of heat, electricity, and building maintenance.

[@imperial7873]

james rattenborg until the internet fires all the useless college administrators hiring each other for six figure salaries the cost of education will not decline unfortunatelt

[@TheIntJuggler]

You would think so but no.

[@kiranmkota]

College is a scam. Its pricing doesn't reflect base costs and demand because the customers are 18 year old chumps or their chump parents.

[@JordanCarterTrombone]

@@kiranmkota They also get student loans easily, which allows them to bid up college tuition prices. Now we see schools competing with each other, to see who can have the best pools and rock climbing walls...ridiculous! lol

[@markBalentine123567]

its because of government INTERVENTION get the fucking government out of the way and price will drop hahaha

[@rof8200]

Thanks for monitoring all our transactions Jamie. Too bad no one is monitoring yours.

[@vapa5761]

lol

[@bjkarana]

Politicians seem to focus on problems, while business owners like Mr. Dimon seem to focus on solutions to problems.

[@TheAverageJoe2014]

bjkarana It’s actually the opposite that’s true.

[@TheIntJuggler]

@@TheAverageJoe2014 No it's not.

[@bjkarana]

@@TheAverageJoe2014 oh ok.

[@blazegarcia5607]

He is the CEO since 2004, not the owner.

[@astralpx]

@@TheIntJuggler problem...creation...solution. Both let problems manifest then "they" create the solution lol

[@davidanful]

„I dont know I have to think about it“ 😆

[@sergpop]

Very good interview.

[@AlphasPath]

As is evident from some of the comments here, Jamie gets quite a bit of misdirected hate for the overall misdoings of the entire indutry. Let's be fair. During the 08 crises Chase was one of the cleanest banks (by Lehman standards). I think the man has done a great job as CEO thus far. His level of intellect, awareness and experience is unrivalled throughout the industry. Banks afterall are businesses and must profit to sustain operation. Can't blame him for that. Stop hating on success so that you may have some too.

[@andrewcogger7586]

"hating on success"? these guys buy off politicians to write the laws in their favor

[@AlphasPath]

Andrew Cogger Most big corporations donate to and support political intiatives. Does the banking sector cummulatively have a big influence on policy making? Yes. Can some of these policies subjectively bad? Yes. It is important to note that the political and lawmaking influence is exercised as organizations (ie, as Chase, Goldman or the industry as a whole) and mostly not based on the individual preferences of their board or chairmen. Having heard very many of his interviews and public statements, it is quite evident that his influence on the political and lawmaking front is devoid of bias, personal preference and is for the best interests of the people. I always say to those that have negative opinions about finanace and banking that they should try working in the sector at some point in their careers. It's a lot more than just moving money around and charging money to do it, especially for investment banks. Once again, in my opinion, Chase had some of the healthiest balance sheets and liquidity back in 08, under Jamie's leadership. Contrast it to the way Goldman and Lehman leadership behaved backed then and it'll tell you a lot about Jamie and the rest of the senior leadership's ethics at Chase. The industry does have many drawbacks, but I don't think trashtalking a CEO who is only doing an exceptional role in his capacity is any productive way of fixing it.

[@andrewcogger7586]

@@AlphasPath im not gonna suck off some billionaire banker because he comes off as a good guy in an interview

[@AlphasPath]

Andrew Cogger You've missed the point. Anyways, have a good one. Cheers

[@cjschaffer508]

@@AlphasPath i think you need to do a little more research, my friend. he's more aware of the public eye than fuld was agreed, but he is by no means clean.

[@iFreeThink]

Vietnamese people are SUPPOSED to criticize people's money math. Not a crime.

[@lydiayuna9155]

is he the guy who said "Bitcoin is a scam" years ago and now invest heavily into bitcoin ? >

[@MR-po8su]

Billionaire from innovating nothing... this is the perfect example of the times we live in...

[@preston1382]

JD is a national treasure, happy he is on our team 👏🇺🇸

[@xluyyjhfg]

Preston Daniels indeed !

[@kytv9000]

You must be a billionaire to call him on your team. lol

[@rajgopinoth4241]

Chase makes 32B Arbitraging interest rates between the Fed rate and credit cards, mortgages, and most other forms of loans. . It's easy profit and the financial sector continues to erode what's left of capitalism. When asked a question about the disparity between CEO pay and employee pay, he completely punted.

[@Darkwell0071]

Ishi Nakamura federally insured theft. Like the house at a casino.

[@itsweaponX]

Right on! Chase borrows money from the central bank at fractions of a percent and then turn around and charge huge margins to customers for their loans. And banks also lend money they don’t have (look up fractional reserve lending). So the 99% is paying an arm and a leg to buy homes, cars and pay college tuitions to stay afloat while the big banks profit off of us. Then when a recession hits taxpayers bail out the big banks that fail, only to see bail out money go toward huge bonus payouts to CEOs.

[@iFreeThink]

I want that In-and-Out land.

[@jamiekloer6534]

I like his ideas and his way of thinking about the future.

[@heinrichhimmler0123]

Yes, low transaction cost is good.

[@robertcalamusso1603]

Dimon is a National Great !! 🇺🇸🇺🇸🇺🇸🇺🇸☮️

[@marlenesoifer7219]

I am definitely appreciating your opinion ACTION

[@Ygnez]

Great interview. Thank you both

[@raymondshen979]

What does Dimon mean by partnership reports 23:42?

[@ryanshaeffer103]

I agree with one thing, The red tape is slowing down growth

[@brianjacobsen5762]

Red tape? Sound like Get gov out of private speech. By Ronnie Regan. How that work.

[@marlenesoifer7219]

Muchas gracias

[@CxMx-xr9pt]

❤😢

[@iFreeThink]

Also, people seem to never get customers. They have the time to see me solve problems.

[@j.chrislowe4813]

I admire him more than any other CEO.

[@iali00]

I really like Jamie Dimon as a CEO. Very smart and direct about things.

[@marlenesoifer7219]

I am pri ledged communication tapped so slows me up.TRUTH

[@iFreeThink]

Lol. Some people end up taking two decades longer. But it takes money and effort to deal with that for two more decades.

[@marlenesoifer7219]

It is an absolute honor

[@chadallen8490]

So nice to hear Lucifer's opinion on the economy...

[@CxMx-xr9pt]

Te iubesc JAMIE D AMaie😢❤

[@dannymadrid1822]

Seems like a decent man for😂 the well off.

[@heinrichhimmler0123]

In fact, the pronunciation of TPP means kick-ass in Chinese.

[@InvestingEducation]

Bufett thinks highly of him and so do i

[@kytv9000]

I recently learned that he is the emperor of JP Morgan. I thought monarchy had ceased to exist.

[@ausroy087]

uhh yes, the CEO...?

[@eduardotirado839]

Look for the word slick in a dictionary and a picture of his face comes next to it...

[@iloveamerica1966]

That difference in seating height is funny...not like Dimon isn't already taller, they add another 2" so Serwer looks up at him.

[@bryanangstman2098]

Its easy to favor the $20.00 dollar minimum wage if you hire ATM machines and don't have any employees.

[@TonyRobertson6]

why is this man not in goal

[@chewie1355]

Detroit is messed up because of bad politics. Kwame Kilpatrick was the worse mayor and an example of why we need term limits.

[@jamesrattenborg]

Governments cause inflation by printing money. In reality, things should get cheaper, as with automation, and cheap foreign labor and illegal immigrant labor on the farms have caused products to be cheaper. Money printing and spending beyond our tax base has caused pain on the middle class. Soon the middle class will be eliminated by higher taxes and less pay raises for the middle class. I work in a machine shop and have not had a pay raise in 6 years! Governments can raise the pay for the lower classes by pushing up minimum wages. Cheap foreign labor has caused manufacturing laborers to suffer and not keep up with rising rents and mortgage payments. Remember when you destroy the middle class, you destroy consumer spending, when you destroy consumer spending you destroy the economy as consumer spending drives the economy. Soon Machinists will be payed the same amount as people working at Mc Donalds if they keep raising the minimum wages rents will continue going up and food prices will go up too causing more homeless for the lower middle income people.

[@brianhill3837]

So true, ruin middle class, to bring up people who dont want to work

[@erichvonmolder9310]

NEVER believe a Billionaire that runs a bank/brokerage firm that has ties around the world in all countries, whether friend or foe. He is purely a money guy and money is his god.

[@bitcoinyoda8321]

ask him about Bitcoin ;-)

[@jorgegomez524]

We dont need interest rates cut we need banker’s heads cut

[@amirjon]

My god he is sharp. Has anyone read the book written about him?

[@bryanangstman2098]

HSBC is paying 6.16% in dividends it's amazing.

[@Netstarr88]

Karma is gonna get that guy for his part in all this big bank money printing that has really screwed up this country for their gain.

[@CxMx-xr9pt]

Wekeend bun🎉❤🕊️🙏🌷🌷🌷🌷🌷🌼

[@astralpx]

Total sociopath. Also delusional about maintaining current system.

[@engle.sorrell]

astralpx how do you mean? I’m not arguing, I just don’t know him and I’m curious

[@bwj999]

For the president- he'd be great.

[@igorbalanovski182]

Jamie Dimon: ''We are doing quite well'' Facebook coming out with Libra and cryptocurrencies on the rise again... In the back of his mind he is like: ''We're fucked''

[@misterroberts4240]

you really think im gonna listen to 30+ min of a billionaire criminal banker, that intro was so sugar coated my teeth fell out

[@yakkyuu12]

Well, you can be a GOOD,positive influencer or a BAD, negative influencer, Diamond, his WHOLE bank and ALL the other investment banks DEFINITLEY on the the BAD side of influencers!

[@hagodi]

Seconds most lucrative, which one is the first one?

[@warrengraham7461]

Apple is most profitable

[@ryanshaeffer103]

Bitcoin is better than JP Morgan

[@BITVOLT7]

Buy Bitcoin

[@CG37883]

The interviewer sounds like Scott van pelt. Great interview.

[@superagario9249]

Jamie Dimon is one smart guy. If this guy was president and sincerely focused on improving the country, he could do wonders with his mind and leadership ability.

[@superagario9249]

A E What’s so funny? You don’t find him intelligent? I know he’s a banker, but he’s still a super smart human being.

[@raymondwhiteman6374]

Very well said

[@summerflashsale8125]

Green vest PROTEST 7/11/19

[@wbafc1231]

32 Billion dollars in profit. Who says crime doesn't pay. I know how "he" weathered the storm. We fu*kin paid for his mistakes.

[@marlenesoifer7219]

What an absolute privilege

[@iulianserban10]

Jaaaaamie, brooo, buy some bitcoin

[@antpoo]

Jamie diamond

[@richardgodwin2967]

Dimon is interesting but he talks a mile per second.

[@JoelBondurant]

Buy Bitcoin.

[@rabengayad8335]

Phase out banks! Use bitcoin instead

[@bgwhalley]

Jamie Dimon belongs in jail. He's a crook!

[@taon2004]

So true so true.

[@pongfoong9523]

Bank gonna currufting me if you pay me on 10% by we duel my invioice that i own on mac book air but you ignored it and stolen my information about the new version product that i show you but you peek it me on your boss never can get sound of me when i try to ask about my 10%

[@JosephVogel-joseph-vogel]

Jamie for President

[@perrymaizon]

Crooks

[@MeColinYouWho]

Never made a dime, just leeched off other peoples money.

[@robertphelps9934]

This f head should be in prison.

[@pongfoong9523]

You have to use tax to use to pay leon millitary you didn't use betnetfit or cash of cusse you can brek it on you goverment so you know the war rate you use tax saraly dont use benetfit on you owner stock on that company so why you worry about the finaince cash

[@cmares5858]

18:20 ... In favor of the minimum wage going up but wants it state and local so we don't damage the economy too much! Complete oxymoron in 1 sentence.

[@itzmepetey239]

San fran/NYC vs Midwest rates, if you set federally then you fuck over LCOL or HCOL areas. Therefore, you go to the state and local level so you have a opportunity to calibrate based on the COL in the area.

[@pongfoong9523]

I try to work with you american not laos operation but you thivef too over again and again about infermation all whole and korean try to destroy my phone all by virus computer on phone board

[@bryanangstman2098]

Libra will be a massive success and I can't wait.

[@jasonlee6654]

It's all fun and dandy until bitcoin takes over the banks.

[@samiawadalla1498]

Yeah, because the people that control the financial system (people such as the gentleman being interviewed) are just going to let an unregulated, non fiat currency dominate their industry

[@tombegley9271]

If I worked for him, I'd run through a wall if he asked.

[@SuperAmir2011]

He’s a thief

[@brettharman8921]

total BS, listen to gundlach for real info. not this political BS

[@geno816]

Before owning my own company I was a banker. Really good money for very little work. I was making over $300k/year. It was easy.

[@lenering1084]

Simon is a millionaire who just not care about the employees of his bank

[@tyler0506]

Lene Ring he’s a billionaire

[@tvm73827]

Simon?

[@MontyRoyal963]

what an awful haircut for anyone especially a billionaire

[@ch53tm]

This is the President America needs.

[@aes9217]

Hows your daughter

[@sharonpearson420]

This is what a billionaire bum looks like. At the helm while jp Morgan went broke but for the socializing of the fraudulent debt they incurred, which the American people are paying for. What a guy NOT

[@Atipat12]

😂😂😂😂😂

[@805guy]

The devil in disguise right here.

[@pseudonymshqipe854]

Do you see his horns?

[@oneofthemdeals]

I swore never to watch anything from Yahoo Finance. Who is this interviewer? Didn't he come from Fortune Magazine, so now he's doing this. What a downgrade. He doesn't know how to ask questions.

[@afaceforradiowithrichardma4831]

Spawn of Satan

[@hantusmostert]

Bitcoin & Cardano will solve financial crisisis caused by these folks.