Current:Home > MarketsCan forcing people to save cool inflation? -ProsperPlan Hub
Can forcing people to save cool inflation?
View
Date:2025-04-25 18:54:17
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! (12463)
Related
- Tom Holland's New Venture Revealed
- Layered Necklaces Are The Internet's Latest Obsession — Here's How To Create Your Own Unique Stack
- Why Gilmore Girls' Keiko Agena Has Always Been Team Jess in Rory's Best Boyfriend Debate
- Eminem Takes Aim at Sean “Diddy” Combs, References Cassie Incident in New Song
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- 2 fire tanker trucks heading to large warehouse blaze crash, injuring 7 firefighters
- Krispy Kreme offering 87-cent dozens in BOGO deal today: How to redeem the offer
- Judge considers Alec Baldwin's request to dismiss 'Rust' case over 'concealed' evidence
- B.A. Parker is learning the banjo
- Baltimore Judge Tosses Climate Case, Hands Win to Big Oil
Ranking
- Sam Taylor
- A county canvassing board rejected the absentee ballot of North Dakota Gov. Doug Burgum’s wife
- Vermont floods raise concerns about future of state’s hundreds of ageing dams
- Civil rights groups call for DOJ probe on police response to campus protests
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- 2024 ESPY awards: Ranking the best-dressed on the red carpet
- Alec Baldwin 'Rust' case dismissed by judge over 'suppressed' evidence
- Police chief resigns after theft of his vehicle, shootout in Maine town
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Missouri execution plans move forward despite prosecutor trying to overturn murder conviction
Vermont floods raise concerns about future of state’s hundreds of ageing dams
Beyoncé resurges on Billboard charts as 'Cowboy Carter' re-enters Top 10 on 5 charts
Rylee Arnold Shares a Long
Channing Tatum Reveals the Sweet Treat Pal Taylor Swift Made for Him
Little Mix's Perrie Edwards Reveals She and Jesy Nelson Don't Speak Anymore
Stamp prices increase again this weekend. How much will Forever first-class cost?