Birdwatch Note Rating
2023-08-17 07:49:02 UTC - HELPFUL
Rated by Participant: 5AE5CD6162D48B40E293D2DC52D0BD329767614E302517737E8A3FE215B00E55
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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