A Quote by Jamie Dimon

There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing. — © Jamie Dimon
There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.
Conventional money is supposed to be doing everything. By adding in complementary currencies, you actually get different types of things and different outcomes from different complementary currencies.
Complementary currencies work in addition to existing money, rather than replacing existing, official money. There are whole different families of complementary currencies. One of them is local currencies. One is regional currencies. Another is functional currencies. Another is social-purpose currencies.
Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.
The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.
Manipulating [is] just the way to proceed, to convince that what you're doing is important. Is nothing more than that. Everyone is manipulating.
The IRS issued guidance for virtual currencies on March 25, 2014 that stated virtual currencies, including Bitcoin, are to be treated as property for federal tax purposes. This requires capital gains on virtual currencies to be recorded and reported. The Bitcoin Foundation says this could lead to unrealistic reporting.
We should be moving toward local currencies not global or European currencies.
As far as income goes, there are three currencies in the world; most people ignore two. The three currencies are time, income and mobility, in descending order of importance. Most people focus exclusively on income.
We had other currencies that we could find work in - the currencies of movements: passion, spirit, creativity.
I pay tax, and I pay federal tax, too. But I have a write-off, a lot of it's depreciation, which is a wonderful charge. I love depreciation.
Rupee fluctuation is not so significant compared with the other currencies. Fluctuations in currencies has been fairly steady. As the finance minister often says, fluctuation is the new normal.
The stock market in Japan was half the world market and where has the Japan economy gone since the 1990s? Nowhere. They've been struggling for two decades in the aftermath of a massive bubble that's collapsed. They've tried to work their way out of it by printing even more money and it hasn't worked. Now, I'm saying this is what all the central banks are doing. There is no honest interest rate in the world today.
I always have my passport on me, as well as two currencies.
By manipulating queuing, by manipulating expectation, you can lead people to a fundamental confrontation, not only with themselves, but with the Other.
Japan is an important ally of ours. Japan and the United States of the Western industrialized capacity, 60 percent of the GNP, two countries. That's a statement in and of itself.
There are two types of people, two types of performers: Performers who know how to keep a show going literally when the power is gone and performers who haven't had that much experience and will panic and freak out and don't know what to do.
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