The “wage-price spiral” was the distinctively destructive form that inflation took in the 20th century. It’s unlikely to make a comeback anytime soon.
“Runaway Inflation” Won’t Be Getting Very Far on Foot
“Runaway Inflation” Won’t Be Getting Very Far…
“Runaway Inflation” Won’t Be Getting Very Far on Foot
The “wage-price spiral” was the distinctively destructive form that inflation took in the 20th century. It’s unlikely to make a comeback anytime soon.