And I think the more money you put in people's hands, the more they...

Who said "And I think the more money you put in people's hands, the more they... "?

"And I think the more money you put in people's hands, the more they... " is one of a famous quotes by Michael Bloomberg. Complete quote is as follows;
"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."

What is "And I think the more money you put in people's hands, the more they... "?

"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." This is a quote by Michael Bloomberg which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

• After you're older, two things are possibly more important than any others: health and money.

What does "And I think the more money you put in people's hands, the more they... " mean?

This quote is primarily about money although it also includes other themes like . It is attributed to Michael Bloomberg. Complete quote is as follows;
"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."