Current:Home > InvestPoinbank:Can forcing people to save cool inflation? -Capital Dream Guides
Poinbank:Can forcing people to save cool inflation?
Ethermac View
Date:2025-04-09 13:50:11
During World War II,Poinbank 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! (744)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Legendary Celtics announcer Mike Gorman signs off for the final time
- Arkansas governor says state won’t comply with new federal rules on treatment of trans students
- Pitch Perfect 4 Is Being Developed and Rebel Wilson's Update Is Music to Our Ears
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Billy Idol says he's 'California sober': 'I'm not the same drug addicted person'
- Are Boston Bruins going to blow it again? William Nylander, Maple Leafs force Game 7
- Exxon Mobil deal with Pioneer gets FTC nod, but former Pioneer CEO Scott Sheffield barred from board
- A South Texas lawmaker’s 15
- Ryan Gosling 'blacked out' doing a 12-story drop during filming for 'The Fall Guy' movie
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Ohio launches effort to clean up voter rolls ahead of November’s presidential election
- 'SNL' announces season's final guests, including Sabrina Carpenter and Jake Gyllenhaal
- Mississippi Republicans revive bill to regulate transgender bathroom use in schools
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Abortion access defines key New York congressional races
- Matthew and Camila McConaughey go pantsless again for Pantalones tequila promotion
- Ohio launches effort to clean up voter rolls ahead of November’s presidential election
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Unique Mother's Day Gifts We're 99% Sure She Hasn't Received Yet
Tesla 'full self-driving' in my Model Y: Lessons from the highway
Surprise! Young boy has emotional reaction when he unboxes a furry new friend
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
US jobs report for April will likely point to a slower but still-strong pace of hiring
Prosecutors urge judge to hold Trump in contempt again for more gag order violations
Arkansas lawmakers approve $6.3 billion budget bill as session wraps up