tag:blogger.com,1999:blog-240888068721732824.post7490487370373922616..comments2009-10-08T15:03:13.600-04:30Comments on From the Beginning: Did Chavez reduce poverty with hyperinflation and ...Morochos.orghttp://www.blogger.com/profile/14494996833651850931morochosblog@hotmail.comBlogger2125tag:blogger.com,1999:blog-240888068721732824.post-82517502465221036762009-10-08T15:03:13.600-04:302009-10-08T15:03:13.600-04:30Mr. Escobar, you are justifying Chavez's failure t...Mr. Escobar, you are justifying Chavez's failure to control inflation by arguing that “inflation was higher before Chavez took office”, but where is the revolution then if we have the same problems of the past?<br /><br />How could Chavez reduce poverty by half with that hyperinflation? If you can answer this, please contact the Academy as soon as possible.Morochos.orghttp://www.blogger.com/profile/14494996833651850931noreply@blogger.comtag:blogger.com,1999:blog-240888068721732824.post-78295072731849050052009-10-08T13:26:13.095-04:302009-10-08T13:26:13.095-04:30You mention inflation...
1) Inflation was higher ...You mention inflation...<br /><br />1) Inflation was higher BEFORE Chavez took office:<br />http://www.latin-focus.com/latinfocus/countries/venezuela/vencpi.htm<br /><br />During his presidency, there's a huge spike around 2003.<br />That was caused by the opposition & their oil sector strike.<br /><br />2) Venezuelan pay increases have kept up with inflation:<br />http://Paul Escobarnoreply@blogger.com