Birdwatch Note Rating
2023-08-17 06:32:28 UTC - HELPFUL
Rated by Participant: 49B3DAA0F23988A034A22A777D13DF2F24AFB1206340828A2D3552AE24C163C6
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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