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inflationary spiral

English

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

Similar words

big price tag bottom price business index ceiling ceiling price consumer price index cost-of-living index demand curve extortionate price famine price fancy price floor floor price good price high price hot economy inflation inflationary gap inflationary pressure inflationary prices luxury price pretty penny price ceiling price index