Birdwatch Note Rating
2023-08-17 07:16:48 UTC - HELPFUL
Rated by Participant: 4E5529940FF21D4903AC8E9C000F77C4FDBED3C52A6DF898E1C92AFB94568068
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