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Top Links #103 Wage-price spirals, NATO's Eastern front & the brains behind the bombers.
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Top Links #103 Wage-price spirals, NATO's Eastern front & the brains behind the bombers.

Great reading, links and images from Chartbook Newsletter by Adam Tooze

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Adam Tooze
Oct 16, 2022
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Top Links #103 Wage-price spirals, NATO's Eastern front & the brains behind the bombers.
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Trying to Make a Dollar, 1993 byAdrian Wiszniewski.

Wage price spirals

If you’ve been worrying about an escalating spiral of inflation and wages like in the 1970s I strongly recommend a read of the latest IMF World Economic Outlook that you can download here. The short version: true spirals of sustained wage and price increases are VERY rare.

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