Jamie on the dollar

JPMorgan Chase's Jamie Dimon supports a strong dollar - Oct. 27, 2009

"The ultimate strength of the dollar will depend on the strength of the United States," Dimon said.

Dimon discussed the dollar and other key financial topics with PBS host Charlie Rose as part of the Securities Industry and Financial Markets Association (SIFMA) annual meeting held in New York.

He said that the dollar needs two things to remain strong: the economy must grow and, equally as important, the government must demonstrate fiscal responsibility.

The fate of the dollar is not about "the deficit over the next year or two," said Dimon, but about proving that the country's long-term plan is to rein in spending and reduce the nation's debt over time.

"We'll be voting on this," Dimon told the crowd. "It's not only a matter of what happens at the [Federal Reserve] but about what happens in Congress."

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