Current:Home > StocksCan forcing people to save cool inflation? -BrightFuture Investments
Can forcing people to save cool inflation?
View
Date:2025-04-17 15:19:18
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
- What do we know about the mysterious drones reported flying over New Jersey?
- Blake Shelton Has the Best Reaction to Reba McEntire Replacing Him on The Voice
- 10 things to know about how social media affects teens' brains
- Why The Challenge: World Championship Winner Is Taking a Break From the Game
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Zendaya, Anne Hathaway and Priyanka Chopra Are the Ultimate Fashion Trio During Glamorous Italy Outing
- Some electric vehicle owners say no need for range anxiety
- Four killer whales spotted together in rare sighting in southern New England waters
- The Super Bowl could end in a 'three
- Why an ulcer drug could be the last option for many abortion patients
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Standing Rock: Tribes File Last-Ditch Effort to Block Dakota Pipeline
- All 5 meerkats at Philadelphia Zoo died within days; officials suspect accidental poisoning
- New childhood obesity guidance raises worries over the risk of eating disorders
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- One of America’s 2 Icebreakers Is Falling Apart. Trump’s Wall Could Block Funding for a New One.
- High-Stakes Wind Farm Drama in Minnesota Enters Final Act
- RHONJ: Melissa Gorga & Teresa Giudice's Feud Comes to an Explosive Conclusion Over Cheating Rumor
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Trisha Yearwood Shares How Husband Garth Brooks Flirts With Her Over Text
Alfonso Ribeiro’s 4-Year-Old Daughter Undergoes Emergency Surgery After Scooter Accident
Introducing Golden Bachelor: All the Details on the Franchise's Rosy New Installment
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
New EPA Rule Change Saves Industry Money but Exacts a Climate Cost
Suicide and homicide rates among young Americans increased sharply in last several years, CDC reports
Harvard Medical School morgue manager accused of selling body parts as part of stolen human remains criminal network