Nicolas Maduro | "The people of Venezuela defeated hyperinflation"
The presidential candidate for the Great Patriotic Pole and current President of Venezuela, Nicolas Maduro, presides the closing of his electoral campaign for reelection, a rally in the middle of the streets of Caracas, Venezuela that has mobilized dozens of people backing the Chavista candidate, nicknamed “The Fighting Rooster” by his supporters. teleSUR
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00:00Bolivarian Chavez president only this one this man that is standing here that
00:10is not an individual man that is a people and is called Nicolás Maduro
00:15only us will guarantee peace and the stability of this country called
00:21Venezuela only us will guarantee the road to growth who defeated the
00:41shortages due to the war the economic war who created the clap and supplied
00:51the country with national production the patarucos the chicken the Martians who
01:01did it the people the workers the productive forces who defeated that
01:13dollar today who created an exchange system which was not dependent from the
01:20oil rent and a stable robust strong who replaced the Bolivar our currency with
01:33production of the economy of the national economy because Bolivar was
01:38over evaluated for about 100 years due to the oil but now the Bolivar has
01:43behind his an economic apparatus that produces richness wealth and an exchange
01:49system that is stable that is strong and is going to continue in the month
01:54and years to come who defeated the hyperinflation in 2019 the hyperinflation
02:09reached 344 thousand percent massive shortages hyperinflation hyperinflation
02:21but I can tell you also in that front we are succeeding in June the inflation was
02:30the lowest in 39 years it was due of our work of our production we have taken the
02:42road of the autonomous development of an economic model diversified economic
02:51model with the the entrepreneurs as a engine to the production the trade the consumption
03:02the trade and consumption is growing in 2021 in the pandemic with our mass everybody with
03:16masks their entrepreneurship started I approve the organic law for the
03:23entrepreneur entrepreneurship and I declare priority the social investment
03:29and we began to democratize credit and from 2021 to this year we have certified
03:39and financed the emergence of 1,300,000 entrepreneurship new enterprises