[@Dawnscroll], nah, the oil glut only worsened things a bit. We've had hyperinflation for over three years now. Imagine something that costs 10$ today, like a meal at a crappy restaurant, costing 300$ in three years. That's what we're going through, and it's because our lovely government has stolen billions upon billions of dollars from the public reserve. How else do you explain the spoiled sons of diplomats that live in the US (A country they suppossedly hate) and crashing 500.000$ cars into trees because they were high on pot? 

Besides the hyperinflation, there's also an extreme scarcity of items. Things ranging from medicine to toilet paper and pasta to flour are extremely hard to come by. The government enforced stupid rationing measures to these items, which resulted in the country's parasites buying tons of it to smuggle it out of the country while forcing the manufacturers to sell them for dirt cheap, driving most of them into bankruptcy. 

And there's also crime. You could be walking down a street and have some asshole in a motorcycle park next to you in plain daylight, pull out a gun and rob you and nobody's gonna do a thing, the first ones to be non responsive being the cops, since they're never there. I've of heard people who had robbers irrupt into their homes tell stories of how they called the cops only to be immediately attended by an answering machine.

The Venezuelan Government tries to hide the actual situation from the public eye. If the news source you go to is run by the Venezuelan Government or has any affiliation to it, odds are the news are going to be extremely distorted from reality. Same goes to Venezuelan Opposition news sources. Everyone's an asshole here.