Other economists reckon that with productivity high and wages muted, a pernicious wage-price spiral of the kind that lay behind soaring inflation in the 1970s is unlikely.
Other economists reckon that with productivity high and wages muted, a pernicious wage-price spiral of the kind that lay behind soaring inflation in the 1970s is unlikely.
其他经济学家认为，由于生产力水平的高企和工资水平的稳定，发生如上世纪70年代那样恶性的工资—物价螺旋上升及其引发的急速通胀是不可能的。