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inflationary spiral
noun
: a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other
Examples of inflationary spiral in a Sentence
Recent Examples on the Web
Moreover, some economists think the destabilizing effect of politicizing the Fed would cause market anxiety that sets off an inflationary spiral.
—Ben Adler, USA TODAY, 15 Sep. 2024
That track record should engender some faith; on the whole, central bankers act responsibly, and healthy industrial economies aren’t prone to regular inflationary spirals.
—IEEE Spectrum, 30 May 2012
Those included the sweeping impact of the pandemic, which crashed the vital tourism sector, and then the Russian invasion of Ukraine, which disrupted global supply chains and accelerated the inflationary spiral that dragged Sri Lanka’s economy into the abyss.
—Ishaan Tharoor, Washington Post, 20 July 2022
While the banking crisis persists, fiat currencies continue their inflationary spiral, with record high inflation hitting western economies such as the United States and Europe.
—Leeor Shimron, Forbes, 3 May 2023
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Word History
First Known Use
1931, in the meaning defined above
Time Traveler
The first known use of inflationary spiral was
in 1931
Dictionary Entries Near inflationary spiral
Cite this Entry
“Inflationary spiral.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inflationary%20spiral. Accessed 30 Nov. 2024.
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