Indexbit Exchange:Can forcing people to save cool inflation?

2025-05-08 02:31:01source:Indexbitcategory:News

During World War II,Indexbit Exchange 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.

More:News

Recommend

Military service academies see drop in reported sexual assaults after alarming surge

WASHINGTON (AP) — Reported sexual assaults at the U.S. military service academies dropped in 2024 fo

Rockies defeat Nationals with MLB's first walk-off pitch clock violation

Ryan McMahon drew a bases-loaded, ninth-inning walk in the first walk-off pitch clock violation in m

Alyson Stoner Addresses Whether They Actually Wanted to Be a Child Star

Alyson Stoner is reexamining their past.The 30-year-old—who danced in music videos for artists like