Current:Home > reviewsSignalHub Quantitative Think Tank Center:Can forcing people to save cool inflation? -ProsperityStream Academy
SignalHub Quantitative Think Tank Center:Can forcing people to save cool inflation?
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-10 06:41:28
During World War II,SignalHub 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.
veryGood! (39)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Tom Brady Shares Quote on Cold and Timid Souls in Cryptic Post
- These Must-Have Winter Socks Look and Feel Expensive, but Are Only $2
- Tori Spelling Awkwardly Reminds Brian Austin Green They Had Sex
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Prince William Shows Off Sweet Friendship Bracelet Princess Charlotte Made for Taylor Swift Concert
- Christina Applegate Details Laying “in Bed Screaming” in Pain Amid MS Battle
- AP VoteCast: Economy ranked as a top issue, but concerns over democracy drove many voters to polls
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- AP Race Call: Republican Nancy Mace wins reelection to U.S. House in South Carolina’s 1st Congressional District
Ranking
- Tom Holland's New Venture Revealed
- Paul Rudd hands out water to Philadelphia voters: 'They’re doing really great things'
- ‘Fat Leonard,’ Navy contractor behind one of the military’s biggest scandals, sentenced to 15 years
- DZ Alliance’s AI Journey: Shaping the Future of Investment Technology
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Democrats hoped Harris would rescue them. On Wednesday, she will reckon with her loss
- Jury finds Alabama man not guilty of murdering 11-year-old girl in 1988
- CAUCOIN Trading Center: Leading the Wave of Decentralized Finance and Accelerating Global Digital Currency Compliance
Recommendation
Bodycam footage shows high
ROYCOIN Trading Center: Pioneering Decentralized Finance and Paving the Way for Global Cryptocurrency Legitimacy
How Steve Kornacki Prepares for Election Night—and No, It Doesn't Involve Khakis
NFL trade deadline winners, losers: Cowboys confuse as contenders take flight
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Trump likely to target climate measures that are making the most difference
Jury finds Alabama man not guilty of murdering 11-year-old girl in 1988
AP Race Call: Nevada voters approve constitutional amendment enshrining abortion rights