inflationary spiral
- n an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value
inflationary spiral :
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- Marc Faber Is Back: "It Will End Badly... We're In A Worse Position Than 2008"
It will end badly, Marc Faber explains in this brief CNBC clip, "the question is whether we will have a minor economic crisis and then huge money printing or get into an inflationary spiral first." If you thought that "we had a credit crisis in 2008 because we had too much credit in the economy," then Faber notes "there is that much more credit as a percent of the economy now." Of course, as ...
Nov. 11, 2013 - Zero Hedge