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.
2024-11-22 20:201137 view
2024-11-22 20:08896 view
2024-11-22 20:062620 view
2024-11-22 19:35489 view
2024-11-22 19:322611 view
2024-11-22 19:081883 view
"The show always must go on," Aaron Carter said, describing his mantra on E! True Hollywood Story as
Global warming is driving a shift in regional winds around the edges of Antarctica, and that’s speed
Episode 9: The Fumes in South Portland. The ninth in an ongoing first-person series by InsideClimate