Generating A Vicious Spiral的意思|示意

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产生恶性循环


Generating A Vicious Spiral的网络常见释义

从而形成恶性循环 A rise in commodity prices or taxes has only a temporary effect on inflation, however, with the price rise dropping out of annual comparisons after a year. The stuff of nightmares for central bankers is that this leads to a more pernicious type of inflation. Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.