Quotation by

Michael Bloomberg

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

Michael Bloomberg

Money

Understanding this quote AI Analysis

When people receive more money, they tend to either buy things or invest their extra cash. Investing helps create jobs because it provides funds to businesses through banks or mutual funds, which then use that money to grow and hire more workers.

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