Birdwatch Note Rating
2023-08-18 07:50:18 UTC - NOT_HELPFUL
Rated by Participant: 1ADDA8D9315BA884C54CDA1437410E1B4E9FC26EB0C81110E39EB35AA7DC4967
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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