Birdwatch Note Rating
2023-08-17 08:19:06 UTC - HELPFUL
Rated by Participant: D5B114DEB3D75C70CFB6C04DE6105840620D2C5892DDE300869F8ED749EF393E
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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