Birdwatch Note Rating
2023-08-17 20:05:19 UTC - HELPFUL
Rated by Participant: 30DF5F47EFAC6E88AA741B864407EDF1CCA2D39B0EA3770475AA15378B8E5A2F
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.
All Note Details