Unwinding the wage-price spiral
2024-12-26 22:06:24 source：lotradecoin trading tutorial videos Category：Finance
Prices are up – again. The latest numbers from the CPI, or Consumer Price Index, show a 6.4% increase in prices over the last year. With wages also growing (at least before inflation) are we at risk of a wage-price spiral, where both wages and prices continue to rise in perpetuity?
We ask two economists whether this nightmare scenario is keeping them up at night — or if it's all just a scary bedtime story.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.