After Trump "liberated" Venezuela, inflation soared by 600%

When the US came, Maduro was taken away. Have Venezuelans' lives really improved?

On the 16th, Bloomberg released a long investigative report indicating that two months after Maduro was taken away, Venezuelans' lives have become more difficult.

The article states that in January this year, Venezuela's daily oil production dropped by 21%, and exports also declined sharply, leading to restricted inflow of US dollars, which in turn pushed up the inflation rate - currently, Venezuela's inflation rate has risen from 475% in December last year to 600%.

Analysts from the International Crisis Group said that since Maduro was kidnapped by the US, there hasn't been much progress in the living standards of ordinary Venezuelans, and the local currency "Bolivar" continues to depreciate.

Bloomberg cited a survey showing that over 80% of Venezuelans believe their economic situation has not improved; in contrast, nationwide protests in Venezuela increased by 53% in January, most of which were related to protests against the cost of living.

It's no surprise that Venezuela is in such a state - would anyone really think that Trump kidnapped Maduro to help Venezuela "poverty alleviation" or "liberate the people"?

Trump has always aimed for a "win". Now that the goal has been achieved, what does the livelihood of the Venezuelans matter to him? He doesn't even bother to mention the country anymore.

Additionally, there's the issue of Venezuela's oil exports. Venezuela has the world's largest oil reserves. Although its production wasn't good before and its quality wasn't great, few countries wanted it, but at least every penny sold was their own.

But now? Trump inserted himself into the oil business. This way, the oil is still the same oil, but the main profits are all pocketed by him, under the guise of "supervising" on behalf of them, and the Venezuelan government can only get a small share.

Foreign exchange income has sharply decreased, and imported goods are unaffordable. Supermarket shelves are empty, and black market dollar prices continue to skyrocket. Naturally, Venezuelans' lives have become increasingly difficult. Protests have increased, inflation is out of control, and public anger is boiling - these are just the chain reactions caused by Trump's "taking over" of Venezuela's oil exports.

Original: toutiao.com/article/1859998640227395/

Statement: The article represents the views of the author.