Posted 10/24/2023, 9:00:33 AM
Dimon Slams Central Banks for Inflation Missteps, Calls Climate Policy 'Whack-a-Mole'
- Jamie Dimon criticized central banks for getting forecasts "100% dead wrong" 18 months ago
- He expressed doubts that central banks can manage high inflation and slowing growth
- Dimon said fiscal spending is at record peacetime highs, creating an "omnipotent feeling"
- He likened the current economy to the high-spending 1970s with wastage
- Dimon slammed climate policy as inefficient "whack-a-mole" with no strategy
