--- title: "Meaning & Key Takeaway of: There are two types of depreciation…" description: "\"There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.\" — Jamie Dimon" image: "https://sms4smile.com/quotes/i/1b1/jamie-dimon-1320_currency_there-are-two-types-of-depreciation-ther_1450637.png" --- # There are two types of depreciation. There is one where… ![“There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.” quote by Jamie Dimon](https://sms4smile.com/quotes/i/1b1/jamie-dimon-1320_currency_there-are-two-types-of-depreciation-ther_1450637.png) [Download](https://sms4smile.com/quotes/i/1b1/jamie-dimon-1320_currency_there-are-two-types-of-depreciation-ther_1450637.png) [Open image](https://sms4smile.com/quotes/i/1b1/jamie-dimon-1320_currency_there-are-two-types-of-depreciation-ther_1450637.png) > “There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.” [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Depreciation can be manipulated via currency tactics, unlike Japan's approach which avoids such manipulation. **In simple terms:** Currency tricks affect depreciation, Japan doesn’t. Key Takeaway Beware of currency manipulation. Themes economics finance policy Mood cautious analytical Type financial advisory When to use this quote - investment analysis - government budgeting - international trade Key Concepts depreciation currency manipulation macro policy Questions to Reflect On - How can investors spot hidden depreciation tactics? - What safeguards prevent currency abuse? A Different Perspective Manipulation can be hidden and hard to detect. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Depreciation](https://sms4smile.com/quotes/about/depreciation/) [Japan](https://sms4smile.com/quotes/about/japan/) ## Related quotes > [Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.](https://sms4smile.com/quotes/jamie-dimon/manipulating-currencies-is-when-you-re-going-into-the-marketplace-and/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [“In the 1954 Internal Revenue Code, a Republican Congress changed forty-year, straight-line depreciation for buildings to permit 'accelerated depreciation' of greenfield income-producing property in…](https://sms4smile.com/quotes/dolores-hayden/in-the-1954-internal-revenue-code-a-republican-congress-changed-forty/) [Dolores Hayden](https://sms4smile.com/quotes/author/dolores-hayden/) > [Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through…](https://sms4smile.com/quotes/abraham-lincoln/government-should-stand-behind-its-currency-and-credit-and-the-bank/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [He took pains to avoid self-depreciation, self-mockery, ambiguity, irony, subtlety, vulnerability, a civilized world-weariness and a tragic sense of history--the very things, he says,…](https://sms4smile.com/quotes/don-delillo/he-took-pains-to-avoid-self-depreciation-self-mockery-ambiguity-irony/) [Don DeLillo](https://sms4smile.com/quotes/author/don-delillo/) > [ A dramatic unwinding of that relationship \[between USA and China\], by way of an aggressive trade policy, is one of the nightmare scenarios for… ](https://sms4smile.com/quotes/judy-woodruff/a-dramatic-unwinding-of-that-relationship-between-usa-and-china-by/) [Judy Woodruff](https://sms4smile.com/quotes/author/judy-woodruff/) > [The foundation of humility is truth. 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Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) ## More by Jamie Dimon > [I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…](https://sms4smile.com/quotes/jamie-dimon/i-think-if-we-had-another-set-of-policies-for-not-the-crisis-years/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…](https://sms4smile.com/quotes/jamie-dimon/the-united-states-has-the-best-deepest-widest-and-most-transparent/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [People always say to me, "What if it doesn't work?" 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So it's a competitive advantage for…](https://sms4smile.com/quotes/jamie-dimon/as-a-matter-of-fact-25-of-our-u-s-investment-banking-business-comes/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [I do want the tax system to be efficient and be conducive to growth, which it is not.](https://sms4smile.com/quotes/jamie-dimon/i-do-want-the-tax-system-to-be-efficient-and-be-conducive-to-growth/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [ There are parts \[in Dodd-Frank\] that I don't agree with. But, in total, it is what it is. ](https://sms4smile.com/quotes/jamie-dimon/there-are-parts-in-dodd-frank-that-i-don-t-agree-with-but-in-total-it/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [It's good for America when the rest of the world grows, because you can sell more to the rest of the world.](https://sms4smile.com/quotes/jamie-dimon/it-s-good-for-america-when-the-rest-of-the-world-grows-because-you/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.](https://sms4smile.com/quotes/jamie-dimon/we-had-a-lot-of-gridlock-on-a-lot-of-issues-but-the-american-system/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) [Explore all 257 Jamie Dimon quotes ](https://sms4smile.com/quotes/author/jamie-dimon/) ## More Currency quotes > [A man walks down the street. It's a street in a strange world. Maybe it's the third world. 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