Farage Blames Government for Inflation: Calls It a ‘Disease’
Former Brexit Party Leader Nigel Farage asserts that inflation is caused by government irresponsibility with money and a disregard for financial lessons learned in the past. He criticizes the belief in modern monetary theory that suggested traditional rules of economics no longer apply. Farage argues that inflation can be cured through a combination of cutting government spending and promoting real economic growth by supporting entrepreneurs. He praises the economic policies of former President Ronald Reagan, which focused on reducing government intervention and creating favorable conditions for entrepreneurship. Farage credits the American entrepreneurial spirit for sustaining economic growth despite what he perceives as poor economic leadership.