Birdwatch Note Rating
2023-08-17 05:48:01 UTC - HELPFUL
Rated by Participant: 17A444DA3DAC507B9C741364E651F7AB89F6109313DA3CDCF30CDCBF611B2BDA
Participant Details
Original Note:
While it is true that inflation increases living costs, reducing it will not reduce the cost of living to make our money go further, as implied in this tweet. If inflation is halved, prices will continue to rise - albeit half as quickly as they are currently. https://www.instituteforgovernment.org.uk/explainer/cost-living-crisis#:~:text=But%20prices%20will%20remain%20high,previous%20level%20in%20real%20terms.
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