The Reform UK party leader said he is "with the ordinary traders" in the so-called Reddit Revolution, in which millions of small-time investors have collectively taken on giant hedge funds through buying heavily shorted stocks such as Gamestop and AMC — causing massive losses on Wall Street.

Mr Farage said that it was "about time Wall Street got a bloody nose" after the damage the financial sector inflicted upon ordinary people during the 2008 economic collapse, when banks were bailed out at the expense of the public.

The driving force behind the Brexit movement said a "new kind" of economic populism has emerged with WallStreetBets — the Reddit group behind the movement — but that it is ultimately based on the longstanding feeling amongst the masses that "we're run and governed by people, whether they work in the civil service, giant businesses, big banks, politics, much of the media, they're all the same people."

"They don't understand the conversations that we have every day and of course when it comes to money they're all in it for themselves," Farage added.

"That's why we voted Brexit and it's why in 2016 Trump got elected and got another 75 million votes in November, and now this populist action has moved from voting to what people do on the markets," he continued.