"Price acceleration" is an economics term describing the worst kind of vicious cycle in which prices push up wages which in turn push up prices, with the process accelerating through anticipation eventually into hyperinflation, the killer of economies and political systems.
*This is NOT happening now, we are experiencing the weakest recovery in history in terms of wage growth. READ more on greenspan so maybe we have STAGFLATION.
Who's been sleeping in my bed? not just right. and isn't Greenspan again raising rates at just the worst time?
D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment