Birdwatch Note Rating
2023-08-17 06:09:27 UTC - HELPFUL
Rated by Participant: F292AF8D94FCC79813665CBC10B5AB2DA2B4809721D579247A6D9CDAB9796C3A
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.
All Note Details