Michael Bloomberg: Money in Hand

Posted by admin on Sunday, June 27, 2021

Michael Bloomberg Money Quote saying If people have money, they’ll put that money into the economy to save, invest and banks will loan it out. Michael Bloomberg said:
 
 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 Quote
 

“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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