Birdwatch Note Rating
2023-08-17 06:09:13 UTC - HELPFUL
Rated by Participant: 709ACD374DDD9D4A84CA4693645E385E0A89CA8055914AD1D63778139E0B394E
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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