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A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.
Definition source: English Wiktionary via Wiktextract
Topics: economics, sciences
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: deflationary spiral
Broader terms: spiral
No etymology was provided for this word.
Across languages
Translations
2 source translations are retained for this English entry.
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Catalan:
espiral de la inflació
— Translations
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Finnish:
inflaatiokierre
— Translations