Current:Home > NewsNovaQuant Quantitative Think Tank Center:Can forcing people to save cool inflation? -TrueNorth Finance Path
NovaQuant Quantitative Think Tank Center:Can forcing people to save cool inflation?
EchoSense Quantitative Think Tank Center View
Date:2025-04-08 19:43:50
During World War II,NovaQuant 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! (2577)
Related
- Small twin
- Hurry, Lululemon Added Hundreds of Items to Their We Made Too Much Section, From $39 Leggings to $29 Tees
- Most Americans feel they pay too much in taxes, AP-NORC poll finds
- Michigan case offers an example of how public trust suffers when police officers lie
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Hayden Panettiere Shares a Rare Look Inside Her Family World With Daughter Kaya
- How to find your Spotify Daylist: Changing playlists that capture 'every version of you'
- Finns go to the polls to elect a new president at an unprecedented time for the NATO newcomer
- In ‘Nickel Boys,’ striving for a new way to see
- Most Americans feel they pay too much in taxes, AP-NORC poll finds
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Greyhound stations were once a big part of America. Now, many of them are being shut
- Ukraine says it has no evidence for Russia’s claim that dozens of POWs died in a shot down plane
- Republicans see an opportunity with Black voters, prompting mobilization in Biden campaign
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Motor City awash in 'Honolulu Blue' as Lions spark a magical moment in Detroit history
- Haus Labs Review: How Lady Gaga's TikTok-Viral Foundation, Lip Lacquers and More Products Hold Up
- Barcelona loses thriller with Villarreal, falls 10 points behind Real Madrid
Recommendation
Could your smelly farts help science?
Where Sophia Bush Thinks Her One Tree Hill Character Brooke Davis Is Today
Maine man dies after rescuing 4-year-old son when both fall through ice at pond
Amber Glenn becomes first LGBTQ+ woman to win U.S. Women's Figure Skating Championship
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
As Washington crime spikes, DOJ vows to send more resources to reeling city
Gunmen kill 9 people in Iran near border with Pakistan
Thousands march against femicide in Kenya following the January slayings of at least 14 women