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28 Jun 2022

We’re still waiting for this wage price spiral central bankers fear could send inflation soaring

Author: admintech | Filed under: Finance/ Money
Kid in a Toronto playground (unidentifiable but dad's permission obtained)

Like a nuclear chain reaction, economic theory warns us that rising wages can reinforce rising prices, pushing wages even higher, all in an endless cycle. Is it just around the corner? Or are things different this time?