While this will make little difference, using BCV statistics, Hugo Chavez’ lies are simply exposed. Below, I show a plot a graph of inflation (Blue Line) normalized to when Hugo Chavez took over in 1999 and I compare it to the minimum salary, also normalized, at exactly the same time (red line):
In fact, despite the oil windfall, accumulated inflation has been higher than the growth in the minimun salary, which does not even take into account how the inflation numbers are being manipulated. In the boom days of 2008, salaries managed to stay ahead, but right now, there is no “redistribution”, no gain by the average Venezuelan via the minimum salary, despite Chavez outrageous, unethical and lying claims today.
Of course, few people will see this graph, compared to Chavez’ big lie on nationwide TV (previous post). What a farce!
Hugo, you big liar!
The Devil's Excrement 