Birdwatch Note Rating
2023-08-17 10:07:33 UTC - HELPFUL
Rated by Participant: 45949582C73CAEA6868270D71CA4187E7F0FFEE8F744AA2D47D880F42E4B6E6A
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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