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JP Morgan CEO: The US Government Could Seize Private Property

It’s been just reported that the US government could seize Americans’ private property. Check out what the JP Morgan CEO said recently.

JP Morgan CEO reveals US government’s plans

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JPMorgan CEO Jamie Dimon says the US government may need to seize private property in order to fuel one of its most high-profile initiatives.

In a new annual letter to shareholders, Dimon made sure to explain the fact that the government agencies could evoke eminent domain and forcibly obtain private property to propel the push for clean energy.

“Massive global investment in clean energy technologies must be done and must continue to grow year-over-year.”

The notes continued and stated the following:

“At the same time, permitting reforms are desperately needed to allow investment to be done in any kind of timely way. We may even need to evoke eminent domain – we simply are not getting the adequate investments fast enough for grid, solar, wind and pipeline initiatives.”

Dimon said that the recently passed legislation including the Inflation Reduction Act have the potential to create more than $1 trillion in clean technology development.

Make sure to check out the original article posted by the Daily Hodl in order to learn more details about this.

Latest news from the crypto space

A popular crypto strategist says a massive Bitcoin (BTC) rally to a fresh all-time high is already underway.

Psuedonymous analyst Credible said recently that he believes Bitcoin is in the early stages of a big bull run following a long bottoming out period last year.

According to Credible, Bitcoin’s price action between June to December 2022 is the longest consolidation period for BTC in the last four years.

Credible previously said that the period of relatively low-volatility consolidation is required to build a stable base for the ensuing BTC rally. Check out the previous article that we shared not too long ago.

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