Dictionary

inflationary spiral

inflationary spiral

noun

Definition of INFLATIONARY SPIRAL

:  a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other

First Known Use of INFLATIONARY SPIRAL

1931

Browse

Next Word in the Dictionary: inflationismPrevious Word in the Dictionary: inflationary gapAll Words Near: inflationary spiral
March 02, 2015
chatoyant Hear it
Having a changeable luster or color
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears