A sad reality is how true this is. Anyone who had built up savings 10+ years ago was already completely wiped out. The situation will not significantly change with this adjustment. The day to day for the common citizen of Venezuela is the same: work as much as you can, and immediately convert your money into tangibles: food, sundries, tools if one can be lucky enough to afford them. These things will continue to increase in cost, wages will continue to increase at comparable rates. It's a trap where one has no choice but to continue producing and consuming, and the money is nothing more than a temporary stopover.