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inflationary spiral

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. A trend toward ever higher levels of inflation primarily as a result of continuing interactive increases in wages and prices.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value

Etymologies

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Examples

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