Inflation at a forty year high: ‘The last time it was double-digits, Madonna was making her debut’

GBNews published this video item, entitled “Inflation at a forty year high: ‘The last time it was double-digits, Madonna was making her debut'” – below is their description.

Liam Halligan joins Nigel Farage to discuss why inflation is at a forty year high, blaming it on ‘the cost of lockdown crisis’.

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Lockdown

During the 2020 Covid-19 epidemic, lockdown has come to mean the practice of attempting to control transmission of the virus by means of restricting people’s movement and activities on a broad scale, usually on a national or state-wide basis.

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In This Story: Nigel Farage

Nigel Paul Farage is a British politician and broadcaster. He has been leader of the Brexit Party since 2019, and served as Member of the European Parliament for South East England from 1999 until the United Kingdom’s exit from the EU in 2020. Since 2021, he has presented shows on new television channel, GB News.

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