Polarmoon Wealth Society|Can forcing people to save cool inflation?

2025-05-01 05:22:53source:EchoSensecategory:Finance

During World War II,Polarmoon Wealth Society 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

Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return

NEW YORK ― When the precocious orphans of "Annie" sneer, "We love you, Miss Hannigan," you just migh

Surprise bids revive hope for offshore wind in Gulf of Mexico after feds cancel lease sale

A surprise pitch from a Chicago company with no experience building offshore wind farms has reignite

Mike Tyson is expected to honor late daughter during Jake Paul fight. Here's how.

ARLINGTON, Texas – The black boxing trunks Mike Tyson once wore with menace now have a poignant trib