Birdwatch Note Rating
2023-08-17 06:58:32 UTC - HELPFUL
Rated by Participant: FB4C4F52B71F0C288995091B115FA80626C53ACC67EEAB41404AC9E0EB6A3B80
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