Current:Home > MyEthermac|Can forcing people to save cool inflation? -Visionary Wealth Guides
Ethermac|Can forcing people to save cool inflation?
Chainkeen View
Date:2025-04-08 10:19:55
During World War II,Ethermac 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! (753)
Related
- Don't let hackers fool you with a 'scam
- Multiple shark attacks reported off New York shores; 50 sharks spotted at one beach
- Everwood Star Treat Williams Dead at 71 in Motorcycle Accident
- A Shantytown’s Warning About Climate Change and Poverty from Hurricane-Ravaged Bahamas
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Kristin Davis Shares Where She Stands on Kim Cattrall Drama Amid Her And Just Like That Return
- Ohio Weighs a Nuclear Plant Bailout at FirstEnergy’s Urging. Will It Boost Renewables, Too?
- Gabrielle Union Shares How She Conquered Her Fear of Being a Bad Mom
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- How Energy Companies and Allies Are Turning the Law Against Protesters
Ranking
- Bodycam footage shows high
- Los Angeles sheriff disturbed by video of violent Lancaster arrest by deputies
- Tony Awards 2023: The Complete List of Winners
- Khloe Kardashian Gives Update on Nickname for Her Baby Boy Tatum
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- A New Study Closes the Case on the Mysterious Rise of a Climate Super-Pollutant
- Megan Fox Fires Back at Claim She Forces Her Kids to Wear Girls' Clothes
- Election 2018: Florida’s Drilling Ban, Washington’s Carbon Fee and Other Climate Initiatives
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Warmer California Winters May Fuel Grapevine-Killing Pierce’s Disease
Net-Zero Energy Homes Pay Off Faster Than You Think—Even in Chilly Midwest
Treat Williams Dead at 71: Emily VanCamp, Gregory Smith and More Everwood Stars Pay Tribute
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
From Pose to Queer as Folk, Here Are Best LGBTQ+ Shows of All Time
Crossing the Line: A Scientist’s Road From Neutrality to Activism
John Berylson, Millwall Football Club owner, dead at 70 in Cape Cod car crash