Augusto Pinochet Quotes
I devalued the peso solely looking after the poor.
Constable, Pamela, and Arturo Valenzuela. A Nation of Enemies: Chile Under Pinochet. W. W. Norton & Company, 1993, p. 211.
What the Prime Minister was trying to say is that the buying power had not been diminished suddenly for local and non-imported items.
Augusto José Ramón Pinochet Ugarte was a Chilean Army General, politician and military dictator who ruled Chile from 1973 to 1990, first as the leader of the Military Junta of Chile from 1973 to 1981, being self-declared President of the Republic by the junta in 1974 and becoming the de facto dictator of Chile, and after from 1981 to 1990 as de jure President after a new Constitution, which confirmed him in the office, was approved by a referendum in 1980.