• This is probably a good thing as the vicious circle of stated inflation driving an inflationary spiral is often the reason for inflation itself, yet below the headlines inflation is just a process of too much money in the system.

    FORBES: Stage Already Set For Inflation

  • The Turkish lira has slipped by more than 80% against the dollar, inflation has resumed its upward spiral, and tens of thousands of Turks have lost their jobs, including some 3, 000 media people.

    ECONOMIST: Dark Morning in Turkey

  • The country is showing signs of a wage-price spiral, with annual inflation touching 26%, labour unrest and a threatened general strike.

    ECONOMIST: Sri Lanka

  • Runaway deflation of this sort can be much more damaging than runaway inflation, because it creates a vicious spiral that is hard to escape.

    ECONOMIST: Could it happen again? | The

  • For higher inflation to become dangerous a wage-price spiral is required, and without higher wages, there is no spiral.

    ECONOMIST: The economy

  • Annual inflation, by the government's own reckoning, will spiral to 230% by December.

    ECONOMIST: Russia

  • Relax those assumptions — particularly for wage growth, inflation and interest rates — and the government could get itself into a death spiral of rising interest rates and stagnant economic growth that will make the debt practically impossible to service.

    FORBES: Treasury Downgrade Isn't Worth Worrying About. Long-Term Deficits Are.

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