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The Inflationary Spiral information


The Inflationary Spiral: The Experience in China: 1939–1950 is a 1958 non-fiction book by Chang Kia-ngau. It was published by Technology Press of Massachusetts Institute of Technology.

The progression of Chinese inflation, supply and demand issues, the unsuccessful attempts to combat such inflation, and possible takeaways from the fiasco make up each of the book's four parts, respectively.[1]

  1. ^ Cohen, p. 447.

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The Inflationary Spiral

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wages, the inflationary spiral would continue unabated. Placing the onus solely on workers to keep wages low risked the wrath of labor, a lesson the administration...

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protocol on wages and prices in 1993. This helped prevent an inflationary spiral and restored the island's international competitiveness thereby leading to...

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