Posted on 05/31/2025 6:08:54 AM PDT by Carriage Hill
The United States should stockpile guns, ammunition and drones instead of bitcoin, JPMorgan Chase CEO Jamie Dimon said Friday at the inaugural Reagan National Economic Forum in California. "We shouldn't be stockpiling bitcoins," Dimon said when asked about how industrial policy is entwined with national security policies during a panel. "We should stockpiling guns, bullets, tanks, planes, drones, you know, rare earths. We know we need to do it. It's not a mystery."
(Excerpt) Read more at foxnews.com ...
My sense is that most FReepers are ahead of the curve on some of that.
I’m with the banker on this.
I think you’re right.
I know I am, since 2002.
Wealth is not money but the productive assets to provide goods and services in which the money was invested. Too often instead of bankruptcy in the last years we have papered over the malinvestment and moved on, rewarding or compensating the investors and their agents. Bad debt is not discharged. Instead it is recycled and regenerated into more debt.
I still kick myself for not buying my 7.62x51 when it was cheap in the late 90s.
But yeah, I’m pretty good.
And toilet paper.
Why would I want that stuff cluttering up the house when I can have access to bits of information stored on a chip?
/s
Milk, eggs, white bread and YES, TP.
Heh.
Why would I want that stuff cluttering up the house when I can have access to bits of information stored on a chip?
/s
Dimon is essentially saying we must stop any conservative uprising against the Deep State/MIC. The freedoms he’s referring to are the LGBT supremacy freedoms that supersede all others.
That must be why JP Morgan Chase doesn’t have any bitcoin… Oh wait.
Pretty amazing when a place is buying something and simultaneously telling you not to buy it.
/my/more/
if JPMorgan wants it... it can’t be good for the US
JPMorgan was in bed with the 0bamas and clintons
Yep, stay heavily invested in lead, copper, brass, cast and milled aluminum, steel, and various chemical compounds.
I was at a fair of all places and ran into a guy selling Russian tungsten core ammo in tuna cans, over 100,000 rounds. 5.45x39
We talked and I ended up buying his entire lot at less than .01/round.
Then I bought nice AK-74s and the family trained in them.
I consider it my apocalypse stash.
I also collect red dots. They are stored on my rifles.
Tampons
He must be following Martin Armstrong’s Socrates computer forecasts, many major financial institutions do.
Dimon is playing with the idea of a run for the White House.
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