Birdwatch Archive

Birdwatch Note Rating

2024-06-19 18:35:18 UTC - NOT_HELPFUL

Rated by Participant: C323314C3595F5E8F3DF7966B440416A9932DA6AC09665E5B3836D601E2E5C27
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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Original Tweet

All Information

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