NOUN | process | inflationary spiral | an episode of inflation in which prices / prices and wages increase at an increasing rate and currency rapidly loses value |
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Meaning | An episode of inflation in which prices / prices and wages increase at an increasing rate and currency rapidly loses value. | |
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Broader | spiral | A continuously accelerating change in the economy |
Opposite | deflationary spiral | An episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value |
Spanish | espiral inflacionaria | |
Catalan | espiral inflacionària |
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