An example of what’s happening because of extreme inflation.  Imagine you get your monthly paycheck and must figure out how to stretch your money.  You have children to support.  You’re not eating so your children can.  Rent, food, utilities keep going up.  Your paycheck doesn’t.  You got to bed exhausted, but you have a plan.

When you wake up, you learn that your money has dropped in value.  Again.  What would have covered food and monthly expenses will now buy four eggs.   Here’s why.

When the price of oil dropped, the financial reserves for social programs dropped as well.  Import costs rose.  The government printed more money.  The result, in 2016, was hyperinflation of 274%.  That means the item you want costs 274% more than the money you have to buy it.  Currency value dropped so much that in 2018 the government created new money.  It didn’t work.  The inflation rate by Spring 2019 was 53,798,500%.

Five million Venezuelans have left the country, not due to war or drought but to famine. Preemptive Love can’t change governments, but it can take food to those most vulnerable.  How?  On foot because gasoline is so expensive.   Details next week.