Birdwatch Note Rating
2023-08-17 10:49:53 UTC - HELPFUL
Rated by Participant: 92F2D886A2D88C2DE78C764BB29D6566C3A8F25051E8D2ABC607A64AE08C2A6F
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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