Quaxs Trading Center|Can forcing people to save cool inflation?

2025-05-05 01:26:19source:Thomas Caldwellcategory:Scams

During World War II,Quaxs Trading 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:Scams

Recommend

Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence

COLUMBIA, S.C. (AP) — Lawyers for Alex Murdaugh are taking two paths to appeal his murder conviction

Owners of a funeral home where 190 decaying bodies were found to appear in court

COLORADO SPRINGS, Colo. (AP) — The owners of a Colorado funeral home where 190 decomposing bodies we

Jason Kelce's Wife Kylie Shows Subtle Support for Taylor Swift Over Joe Alwyn Rumors

It's nice to have a friend in Kylie Kelce. Jason Kelce's wife hinted that she'll have Taylor Swift's