Re:Federal Reserve slashes interest rates to zero
by hn_throwaway_99 on Sunday March 15, 2020 @09:18PM
(#22588643)
There is no option B like you seem to be implying. I guarantee if we did absolutely nothing, and the hospitals predictably became overwhelmed and people were dying without any access to care, and you'd also start to see significantly more cases of younger people dying, there would be mass panic and self quarantine in any case.
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Re:Federal Reserve slashes interest rates to zero
by sershe on Monday March 16, 2020 @12:27AM
(#22589952)
It's true that I didn't take that into account, I suppose. However, I'm not sure what the scope of the panic is going to be... self-imposed quarantine, again, will be selective location-wise, risk-wise, and overall won't prevent the economy from functioning nearly as much as what is currently going on. In fact, when Italian healthcare was collapsing a doctor on FB was railing at people for thinking it was bad and still going out to dinner.
But yeah that's another factor against this.