Dimon’s downer
Gee, what a surprise: A big-time banking CEO like Jamie Dimon of JP Morgan is supporting the under-siege Federal Reserve chair Jerome Powell in keeping interest rates high for Americans (“Dimon: Get off Fed boss’ back,” July 16).
The American people just came off four torturous years of an administration that made every decision against our best interests. The only way we survived this was with the hope of President Trump getting back in the White House to restore peace and prosperity.
But Dimon says: Hold your horses, people. Despite surviving the worst administration of all time, you still can’t get prosperous terms because it would hurt my bottom line. How does he sleep at night?
Dimon clearly benefits from Americans continuing to suffer from high interest rates, claiming, “Playing around with the Fed can often have adverse consequences.”
Eugene Dunn, Medford
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