Rekubit Exchange-Can forcing people to save cool inflation?

2025-05-06 16:04:13source:Burley Garciacategory:Markets

During World War II,Rekubit Exchange 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:Markets

Recommend

Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class

Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro

Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Nice Comeback

There are spoilers ahead. You might want to solve today's puzzle before reading further! Nice Comeba

Kim Kardashian Wears Princess Diana's Cross Pendant With Royally Risqué Gown

Kim Kardashian is taking a page out of Princess Diana's book.The Kardashians star had her own prince