Slabu|Can forcing people to save cool inflation?

2025-05-07 21:07:34source:Rekubitcategory:My

During World War II,Slabu 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:My

Recommend

Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing

LOUISVILLE, Ky. (AP) — The U.S. Justice Department and the city of Louisville have reached an agreem

Kathy Griffin files for divorce ahead of her fourth wedding anniversary

LOS ANGELES (AP) — Comedian Kathy Griffin has filed for divorce from longtime partner Randy Bick jus

US citizen inspired by Hamas sought to wage jihad against ‘No. 1 enemy’ America, prosecutors say

NEW YORK (AP) — A U.S. citizen living in Egypt sought to join the al Shabaab terrorist organization