Birdwatch Note Rating
2023-08-17 05:16:00 UTC - HELPFUL
Rated by Participant: D8AE3C0DA93551DA23CB244EC336754254B41BED6C41B3353FFCE9A1A1D53D1D
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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