EchoSense Quantitative Think Tank Center|Can forcing people to save cool inflation?

2025-04-30 05:44:38source:Algosensey Quantitative Think Tank Centercategory:Finance

During World War II,EchoSense Quantitative Think Tank Center 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:Finance

Recommend

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

High stakes and glitz mark the vote in Paris for the 2030 World Expo host

PARIS (AP) — In a high-profile showdown, Rome, Busan and Riyadh are the top contenders to become the

Purdue is new No. 1 as top of USA TODAY Sports men's basketball poll gets reshuffled

A week of holiday tournaments produced a slew of changes in the USA TODAY Sports men’s basketball co