PredictIQ Quantitative Think Tank Center-Can forcing people to save cool inflation?

2025-05-07 11:09:50source:Johnathan Walkercategory:Contact

During World War II,PredictIQ 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:Contact

Recommend

Drone operators worry that anxiety over mystery sightings will lead to new restrictions

Drones for commercial and recreational use have grown rapidly in popularity, despite restrictions on

Biden administration announces new tariffs on Chinese EVs, semiconductors, solar cells and more

President Biden announced new tariffs Tuesday on Chinese EVs, semiconductors, batteries, solar cells

Roaring Kitty trader returns, causing GameStop shares to jump more than 70%

GameStop shares jumped more than 72% on Monday after trader Keith Gill, known online as "Roaring Kit