Birdwatch Note Rating
2024-06-19 15:19:46 UTC - NOT_HELPFUL
Rated by Participant: 9084F8ED45A55363034427F7D143D55E28F39674B22D391F70BE8D2EB1E1A935
Participant Details
Original Note:
The government doesn’t control inflation, the Bank of England does. However, via the sale of gilts, the Tories raised £ to fund COVID, paid for by QE. This drove inflation up. Now this is being reversed by the BoE. Costs are NOT going down, they’re still increasing. https://www.bankofengland.co.uk/monetary-policy/inflation
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