Sentences with phrase «with skyrocketing inflation»

Since 2013, when Nicolás Maduro took power after the death of Hugo Chávez, the socialist country has struggled with skyrocketing inflation, food and medicine shortages, a shrinking economy and rising violence and corruption.

Not exact matches

On top of that, the same right - wing cons who praise capitalism as the reason that millions of people have, truthfully, found a way out of poverty, support politicians who keep wages stagnated, attack the very CONCEPT of a minimum wage despite the skyrocketing inflation and general cost of living, and support one war after another that makes a handful of people VERY rich while millions suffer, and thousands of troops come home with no legs (and thus, lose their jobs and often never recover).

Another argument against paying off debt is the idea that if inflation skyrockets, people with low fixed - rate debts will benefit (see this article).

What with skyrocketing fuel and food costs, the only thing that is keeping inflation from going into orbit is the declining cost of housing and used SUVs.