Inflation and the cost of living
The History Hour27 Elo 2022

Inflation and the cost of living

A compilation of witness accounts from when inflation and the cost of living were seriously affecting people's lives, among other topics.

In 1971, inflation was a huge problem in the USA so the President, Richard Nixon, made one of the most drastic moves in economic history; abandoning the Gold Standard. It became known as the 'Nixon Shock' and nearly caused a trade war between America and its allies. But, it also saved the US economy from a crisis. Ben Henderson spoke to Bob Hormats, an economic adviser in the Nixon administration, who was at the heart of decision-making.

In 1997, Bulgaria was in financial meltdown with hyperinflation making money worth a lot less. The country had emerged out of communism following the fall of the Soviet Union in 1989. Like other post-Soviet regimes, the country found the transition from communism to capitalism harder than expected. The President of Bulgaria, Petar Stoyanov, knew he had to do something and a recovery plan from one of Ronald Reagan’s key economic advisers was on the table. But would it work? Matt Pintus has been speaking to Steve Hanke, an economics professor.

In January 1980, Indira Gandhi's Congress (I) party was voted into power in India. Before the election, inflation meant that the cost of onions was unaffordable for many Indians. The price of the vegetable became a political hot potato in the election campaign. Reena Stanton-Sharma spoke to Suda Pai, a former Professor of Political Science at Jawaharlal Nehru University, Delhi.

In 2012, Syrian government soldiers surrounded Darayya, a suburb of Damascus, bombing buildings and searching for people who had spoken out against President Assad. Hundreds of people died over four days in what was described by activists as a “massacre”. Mohamad Zarda has been speaking to Laura Jones.

It has been 40 years since the first Gay Games were held in San Francisco in 1982. Attracting a large crowd and featuring more than 1,000 athletes from more than 100 countries, the event was organised by a group of LGBT activists, including former Olympians, to raise awareness of homophobia in sport. The Gay Games are now held every four years at venues around the world. In 2019, Ashley Byrne spoke to organiser Sara Waddell Lewinstein and athlete Rick Tomin. A Made in Manchester production for BBC World Service.

(Photo: President Richard Nixon with his economic advisers in 1971. Credit: Bettmann via Getty Images)

Jaksot(469)

Four decades of HIV/Aids

Four decades of HIV/Aids

It’s forty years since the first report on HIV/Aids appeared in a medical journal. Back in the early days in the 1980s a misunderstanding made one man the face of the epidemic. A Canadian air steward, Gaetan Dugas was mistakenly identified as ‘Patient Zero’. A misreading of scientific data had given the impression that he was responsible for the spread of the disease. We hear from people who knew him. Also one woman who was diagnosed in the 1980s tells us of the stigma at the time. And the discovery of the first successful treatment for HIV/Aids, as well as the story of how South African activists led the charge to make drugs widely available. And we hear from the former partner of the British film maker, Derek Jarman who was one of the first artists to speak openly about being HIV positive. Photo: Gaetan Dugas. (Credit: Rand Gaynor)

4 Joulu 202149min

The assassination of the Mirabal sisters

The assassination of the Mirabal sisters

The three Mirabal sisters were leading figures in the Dominican Republic's opposition movement against the dictator General Rafael Trujillo. They were all killed on the 25th November 1960. We hear from the daughter of one of them, Minerva, who tells us about her family and from Professor Elizabeth Manley on the Mirabal sister's legacy in the Dominican Republic. Also in the programme, the last case of Smallpox in Europe, the woman who helped her mother to die and laid the groundwork for the Netherlands becoming the first country in the world to legalise euthanasia. Also how Estonia led the way on connecting up schools to the internet and the painting by Gustav Klimt which was stolen by Nazis and only returned to its Jewish owners after a lengthy legal battle.Photo: The three Mirabal Sisters, Patria, Minerva and Maria Teresa (Credit: Mirabal family collection)

27 Marras 202150min

Sudan's October Revolution

Sudan's October Revolution

How in 1964 Sudanese civilian protesters first brought down a military regime, plus the hunt for former Serbian leader Radovan Karadžić later convicted of genocide and war crimes. Also in the programme, Russia's public outcry at the killing of human rights pioneer and leading female politician Galina Starovoitova in the 1990s, the birth of Cognitive Behavioural Therapy for anxiety and depression, and getting shot in the arm for the sake of 'art' in the USA.Photo: People celebrate the fall of the military regime in Khartoum, November 1964 (Keystone-France/Gamma-Keystone via Getty Images)

20 Marras 202150min

The South African football star murdered for being a lesbian

The South African football star murdered for being a lesbian

In 2008, the brutal murder of Eudy Simelane shocked South Africa and highlighted the widespread violence faced by South African women and members of the LGTBI community. But has anything changed? We hear from a friend of Eudy and speak to Sibongile Ndashe, a South African lawyer and human rights activist. Plus, we look back at the massive oil fires in Kuwait in 1991, battling racial discrimination in British schools in the 1960s, Cold War intelligence gathering in East Germany and the invention of Chanel No.5, 100 years ago.Photo: Eudy Simelane’s parents sat at the bridge named in their daughter’s honour. Credit: BBC

13 Marras 202150min

When Eritrea silenced its critics

When Eritrea silenced its critics

An hour of first hand accounts from the past. Starting with a crackdown on opposition voices in Eritrea from twenty years ago, plus memories of the 1956 Hungarian uprising, the Nuremberg trials, a breakthrough in orthopaedics, and how the fictional character Fu Manchu prejudiced popular opinion against China and the Chinese for decades.

6 Marras 202149min

The child environmental activist of the 1990s

The child environmental activist of the 1990s

To mark the start of the UN Climate Change Conference, or COP26, taking place in Glasgow in the UK, we’re looking back at the history of our awareness of climate change with some of the scientists and activists who have been trying to solve this global crisis in recent decades. We hear from environmental activist Severn Cullis-Suzuki, who was just 12 years old when she implored world leaders to take action, at the 1992 UN Earth Summit in Rio De Janeiro. Plus, how a pioneering American scientist provided compelling evidence of man-made global warming back in the 1950s, and measuring melting glaciers at the top of Mount Kilimanjaro in Tanzania. Photo: Severn Cullis-Suzuki (2nd left) and her friends at the Earth Summit in Rio in 1992. Courtesy of Severn Cullis-Suzuki.

30 Loka 202150min

The Greenham Common women's peace camp

The Greenham Common women's peace camp

The anti-nuclear weapons protest began in 1981 and lasted nineteen years. Also the first transgender priest in the Church of England, WW2 Polish refugees in Africa, plus why lesbian mothers caused such a stir in the 1970s and was the untimely death of Mozambique's President Samora Machel an assassination?Photo: Women from the Greenham Common peace camp blocking Yellow Gate into RAF Greenham Common , 1st April 1983 . (Photo by Staff/Reading Post/MirrorpixGetty Images)

23 Loka 202150min

The Pakistani law that jailed rape survivors

The Pakistani law that jailed rape survivors

Under legislation known as the Hudood Ordinances introduced in 1979, a nearly blind teenaged rape survivor was jailed herself for having sex outside marriage. In 1983 Safia Bibi was sentenced to three years imprisonment, 15 lashes and a fine. The verdict and the draconian punishment galvanised the women's rights movement in Pakistan. Also in the programme the terrible price paid by an abortion doctor in 1990s America, the rise of a fascist movement in 1960s Britain plus the Saudi author who shook up Arabic fiction in the early 2000s and from 1987 how a baby stuck down a well in Texas gripped the world’s attention.

16 Loka 202156min

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