Birdwatch Note Rating
2023-08-17 09:40:32 UTC - HELPFUL
Rated by Participant: 7C7D7220007165B2385B3AEC3EFE65842222F09D0ADC9049099D9694384C6FA9
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