Birdwatch Note Rating
2023-08-17 13:34:10 UTC - NOT_HELPFUL
Rated by Participant: 295581892FB7375206F92B79B5A2A51974BF601D5B40C800BD028FE69F2A4E1C
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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