Birdwatch Note Rating
2023-08-17 09:32:13 UTC - HELPFUL
Rated by Participant: EEBDC223C81E7FE33B54AF6F6C12D0AE61AA8A4C7DD5AA028F76355FEF801A4D
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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