inflationary spiral
inflationary spiral · inflationary spirals
A pattern of economic inflation in which higher wages lead to higher prices, which…A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.
Meaning
1 sensesA pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.
an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value
Forms
plural: inflationary spirals| Singular | inflationary spiral |
|---|---|
| Plural | inflationary spirals |
regular
Antonyms
1 antonymsWord family
3 related wordsSee also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.