Birdwatch Note Rating
2023-08-17 19:21:52 UTC - HELPFUL
Rated by Participant: DD132A0F83790F09B2A42DF4C6C9D23CCC1E4718FEC3EC6B55AD980B416775C2
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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