Birdwatch Note Rating
2023-08-17 10:36:06 UTC - HELPFUL
Rated by Participant: 917D66C4F3236C93E2FCD4081298BAEA5FAF4BF10ADB96C81F87D3BB6FF8E563
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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