Birdwatch Note Rating
2023-08-26 12:46:26 UTC - HELPFUL
Rated by Participant: 20E2AB5CF110A5FD75B9E41E83723BD6C420FC2B11BB5C80E02865F3C197066C
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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