Birdwatch Note Rating
2023-08-17 19:22:07 UTC - HELPFUL
Rated by Participant: 3F53DFF21676DD376C4BFA5CC4734D9EE741CA93457F3749DC3AFC1C29806774
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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