Birdwatch Note Rating
2023-08-17 11:11:56 UTC - HELPFUL
Rated by Participant: E2342844BC58D9DB38D6FC121D6161F4AC1DDDB1F24E5620A56B6D3DC99D6CD3
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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