Current:Home > ContactCan forcing people to save cool inflation? -EverVision Finance
Can forcing people to save cool inflation?
View
Date:2025-04-18 12:06:29
During World War II, the famous macroeconomist John Maynard Keynes wrote about an idea to help tame inflation: compulsory savings. The idea was to stash away a share of workers' paychecks into a government-issued savings account that could only be used after the war. This would help control inflation by reducing spending.
The original proposal didn't go very far, but with inflation still running hot, one economist thinks it's time to bring that idea back.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (4)
Related
- Average rate on 30
- All welcome: Advocates fight to ensure citizens not fluent in English have equal access to elections
- Latest Georgia football player arrested for reckless driving comes two days before SEC opener
- Congo court sentences 3 Americans and 34 others to death on coup charges
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Lil Tay's Account Says She's Been Diagnosed With a Heart Tumor One Year After Death Hoax
- The Daily Money: Dispatches from the DEI wars
- Hawaii wildfire victims made it just blocks before becoming trapped by flames, report says
- 'Most Whopper
- Indy woman drowned in Puerto Rico trying to save girlfriend from rip currents, family says
Ranking
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Report finds ‘no evidence’ Hawaii officials prepared for wildfire that killed 102 despite warnings
- Fast-moving fire roars through Philadelphia warehouse
- Sonya Massey family joins other victims of police violence to plead for change
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Retired Oklahoma Catholic bishop Edward Slattery dies at 84
- Massachusetts police recruit dies after a medical crisis during training exercise
- J.K. Dobbins makes statement with electrifying Chargers debut
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
What is the NFL's concussion protocol? Explaining league's rules for returning
Bomb threats close schools and offices after Trump spread false rumors about Haitians in Ohio
A river otter attacks a child at a Seattle-area marina
SFO's new sensory room helps neurodivergent travelers fight flying jitters
How to watch and stream the 76th annual Emmy Awards
Linda Ronstadt slams Trump 'hate show' held at namesake music hall
Kourtney Kardashian and Travis Barker's Baby Boy Rocky Is the Most Interesting to Look At in Sweet Photos