During World War II, 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.
2024-12-25 23:121841 view
2024-12-25 23:07707 view
2024-12-25 22:34535 view
2024-12-25 21:37477 view
2024-12-25 21:252185 view
2024-12-25 21:222529 view
Brooke Walker grew up in an Arizona church community. Families, side by side, in communion with God
Days after one of the largest bank failures in U.S. history, the fallout continues. Some of the co
First in a series with KERA in Dallas on the Delfasco Forge Superfund site in Grand Prairie, Texas,