Birdwatch Note Rating
2023-08-18 00:20:46 UTC - HELPFUL
Rated by Participant: 9B0A654F079909C3CF602FB309D85FBBADF644292C44B87B5D1B133C7AE5194A
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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