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Definition of Inflationary spiral
1. Noun. An episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value.
Lexicographical Neighbors of Inflationary Spiral
Literary usage of Inflationary spiral
Below you will find example usage of this term as found in modern and/or classical literature:
1. Russia's Democratic Moment? Defining U.s. Policy to Promote Democratic by William C. Martel, Theodore C. Hailes (1998)
"Unfortunately, the additional credits quickly ended up in the foreign exchange
market, causing an inflationary spiral that reduced the value of the ruble. ..."
2. Making Markets: Economic Transformation in Eastern Europe and the Post by Shafiqul Islam, Michael Mandelbaum (1993)
"... financial) reforms can further destabilize the economy—add to economic
contraction, investment slump, inflationary spiral, and external deficits—so that ..."
3. Inflation and Growth in China: Proceedings of a Conference Held in Beijing edited by Manuel Guitian, Robert Mundell (1998)
"... they will start spending their excess balances, thus triggering a potential
inflationary spiral. Once an inflation process is under way, economic agents ..."
4. A Preview and Summary of "The Wayward Welfare State" by Roger A. Freeman (1981)
"While labor may not have started the inflationary spiral, it did wind up with
the egg. Disproportionate wage boosts, especially in the heavy industries, ..."
5. Science by American Association for the Advancement of Science (1883)
"Thus, as a result of the inflationary spiral set off by workers' wage demands
and of the government's subsequent stabilization program, many of these ..."
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