Birdwatch Note Rating
2023-08-17 07:44:34 UTC - NOT_HELPFUL
Rated by Participant: D6A80BA09A8A9B47025953937B79AA6AF47CA512FFC81671CBD9B8566295C9D5
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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