How is extreme inflation affecting middle-class Venezuelans?

Extreme inflation in Venezuela has severely eroded the purchasing power of middle-class families, making basic necessities like food, medicine, and housing increasingly unaffordable. Many middle-class Venezuelans are forced to cut back on essential expenses or seek alternative income sources, such as side jobs or informal work, to meet their needs. This economic instability has also led to a significant decline in living standards, prompting many to emigrate in search of better opportunities abroad. As a result, the middle class is shrinking, and social mobility is becoming increasingly difficult.