
Jamie Dimon - Chairman and CEO of JPMorgan Chase
Coffee with The Greats by Miles Fisher
00:00
Small Business Formation Is Lower Than It's Ever Been
Small business formation is lower than ha's ever been in major coveryin american historyk, and that is because of a regulation. Rask: Banks lent trillions of dollars in those years at existing prices. The market didn't ou were amark participanto,. You would say, as a marv, if i could buy bonds at a thousand over, why would you lend it to a loan of 200 over? But we couldn't do that, because we cold bankrupt them. And so be itecme back up one day.
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