Birdwatch Note Rating
2023-08-19 16:20:41 UTC - HELPFUL
Rated by Participant: E6FDBE13BA09CE30941998E4DE488FE9861E27C8D134CA8CE98B77F94218B03C
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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