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And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.
Michael Bloomberg
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"And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that."
— Michael Bloomberg #moneywealth

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And I think the more money you put in people's hands, the more they will spend. And if they do…

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And I think the more money you put in people's hands, the more they will spend. And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. — Michael Bloomberg

About Michael Bloomberg

Michael Bloomberg was a Politician from United States (1942–present).

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Frequently Asked Questions

Who said "And I think the more money you put in people's hands, the more they will spend.…"?
This quote is attributed to Michael Bloomberg, a Politician from United States.
When did Michael Bloomberg live?
Michael Bloomberg lived from 1942 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.