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More or Less: Behind the Stats
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Is There a Wage Price Spirale?
Stephanie flanders is senior executive editor of economics and government at bloomberg. She's the presentor of the stephanomics podcast, and a huge friend of more or less. What kind of spirals have we got to worry about at the moment? The wage price spiral - you get first hit to inflation, then as a result people ask for higher wages. Then that feeds into overall sin the economy.
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