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Re:Federal Reserve slashes interest rates to zero by sershe on Monday March 16, 2020 @12:32AM (#22589979)
Only because of the panic. The narrative fairly recently was "why bother, more people die from the flu"; which isn't true, but basically the effect of everyone around merely being sick, with 80+% mild cases, would not be nearly as dramatic as envisioned, I think. I did not account for that in my original comment, but it's not going to be end of the world. And yes, we will eventually get to 40-60% infection rate unless we go into a permanent lockdown, the question is just how fast.

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