0 a situation in which prices increase, then people are paid more in their jobs, which then causes the price of goods and services to increase again, and so on
That would set the inflationary spiral in motion once again.
The only immediate effect they have is to raise costs and force up the inflationary spiral, which is the last thing one wants to do.
It creates an inflationary spiral, it helps to increase wages and helps to depreciate the standard of living of the lower-paid workers.
He spoke of another upward push in the inflationary spiral.
Only if they do will the inflationary spiral be halted.
Those are all conditions which are quite futile to ignore, and they have their effect on this inflationary spiral.
The result has been a greater demand which has added to the inflationary spiral.
They have done so for very sound reasons—because of the inflationary spiral which is now a permanent feature of our society.
