Birdwatch Note Rating
2023-08-17 09:02:58 UTC - HELPFUL
Rated by Participant: 1DE6E6F15099A447C73D7BAB96B9BC2FE80D3AE5270BF764C244B1685BDC6206
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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