DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

JPMorgan Chase’s Dimon: We Should Be Stockpiling Tanks, Missiles — Not Bitcoins

June 3, 2025
in News
JPMorgan Chase’s Dimon: We Should Be Stockpiling Tanks, Missiles — Not Bitcoins
494
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

During a portion of an interview that aired on Monday’s broadcast of Fox Business Network’s “Mornings with Maria,” Jamie Dimon, chairman and CEO of JPMorgan Chase, said an emphasis should be on national security and resilient chains versus cryptocurrency.

According to Dimon, tanks and missiles should take precedence over bitcoin.

“You said something that struck me earlier,” host Maria Bartiromo said. “We should be stockpiling. What did you say?”

“I said not Bitcoins, but bullets, tanks, missiles,” Dimon replied. “You point out national security is a critical thing. So, the most important thing to be in trade is going to be protecting our own national security, and that’s around resilient supply chains for medical ingredients, for anything that goes into our F-35 rare earths and related. Think of two nanocentimeter AI chips, things like that. We say, yeah, this is important for American national security. We need resilient supply chains, and then we have to do things to help the military, which is, we don’t keep productive capability empty. So, all of us do that in our businesses. But, their missile capability, they have — we have a plant building missiles, but you have to double, triple production.”

“We don’t have plants in the ready-to-go,” he continued. ‘And we need that, and that should have been part of our planning. We don’t allow enough flexibility for military. The world has changed, and you see what’s happening with these drones. What you need is very different this month and even two months ago. So, they need more flexibility to buy this, not buy that. We need to spend more money. We need to do budgeting — do multi-year budgeting for them. And so, we’re going to lay this out. We have a thing called a Defense Action Forum. We spent a lot of time with some of the generals and some of the new tech companies in equipment, and then obviously the big prime contractors. What do we need to do to have the best military, which changed? We’ve got to do it now. We don’t really have the luxury to wait.”

(h/t Grabien)

Follow Jeff Poor on X @jeff_poor

The post JPMorgan Chase’s Dimon: We Should Be Stockpiling Tanks, Missiles — Not Bitcoins appeared first on Breitbart.

Tags: Fox Business NetworkJamie DimonJPMorgan ChaseMaria BartiromoMornings with Maria
Share198Tweet124Share
No slop without a slog? It’s possible with AI — if we’re not lazy
News

No slop without a slog? It’s possible with AI — if we’re not lazy

by TheBlaze
August 9, 2025

Personally, I’m happy that autocomplete for email exists. If my kid has to write some goofy templated email — like ...

Read more
News

Tears As Autistic Boy, 6, Reunites With Family Dog Trained To Support Him

August 9, 2025
News

Jaxson Dart Gets Honest About Mindset Before NY Giants Debut

August 9, 2025
News

‘Arab Forces’ Running Gaza? Netanyahu’s Goal Leaves Many Questions.

August 9, 2025
News

Zelensky Rejects Ceding Land to Russia After Trump Suggests a Land Swap

August 9, 2025
Zelensky Rejects Trump’s Suggestion That Ukraine Should Give Up Territory to Russia in Peace Talks

Zelensky Rejects Trump’s Suggestion That Ukraine Should Give Up Territory to Russia in Peace Talks

August 9, 2025
Moscow warns of ‘provocations’ ahead of Putin-Trump meeting

Moscow warns of ‘provocations’ ahead of Putin-Trump meeting

August 9, 2025
Watching plastic surgery reels has me debating it for myself. I’ve started hyper-fixating on the changes in my own face.

Watching plastic surgery reels has me debating it for myself. I’ve started hyper-fixating on the changes in my own face.

August 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.