JPMorgan Chase CEO Jamie Dimon spoke with confidence about the strength of the US economy during a talk at an Economic Club of New York event. He highlighted several factors that contributed to the current economic boom, including robust employment numbers and healthy consumer finances. Dimon referred to the US economic situation as “unbelievable” and said that even in the event of a recession, consumers would still be in good financial shape.

Despite his optimism, Dimon did caution about potential threats to the economy, such as deficit spending, inflation, and geopolitical conflicts. Inflation, he said, could lead to higher interest rates for an extended period.

Dimon expressed his desire to help his country by contributing to policy discussions and advocated for more “practitioners” to be involved in government decision-making processes. While there have been speculations about senior economic roles for Dimon’s name, JPMorgan has neither confirmed nor denied them.

During the interview, Dimon touched on various policy issues such as US military power, political polarization, and inclusive economic growth. He compared the economic performance and policies of the United States with those of other countries, emphasizing US leadership and economic power. In his annual letter to shareholders, Dimon underscored the nation’s economic success and policies in comparison to other countries through values of “liberty and justice for all.”