Seems callous and erroneous. Also ignoring increased morbidity and strain on the healthcare system. Plus that would have the opposite effect on inflation
Re:How This Ends
by chiefalchemist on Sunday May 22, 2022 @11:19AM
(#31469091)
65+ and often at the lower end of economic scale (at least in the USA). I can't imagine that much flowed. E.g., housing prices would have feel as supply outpaced demand.
For the non 65+ that died, that's a negative for the economy. Loss of productive years, etc.
There are also follow on effects. My Inlaws passed away over the last three years. It has been a huge time sink and blow to productivity this whole time.
Long Covid among the survivors is the big unknown to productivity
Re:How This Ends
by upsidesinclude on Sunday May 22, 2022 @11:12AM
(#31469014)
You are on to something there.
Additionally, if we had people sit down and think about the situation, we would have protected and isolated the elderly instead of the insipid and endless all or nothing crusade we were handed instead.
edit: It is interesting to contemplate the possibility that the death of so many seniors exacerbated the inflation problem. That's a lot of assets that were previously tied up in retirement accounts and real estate that suddenly flowed into the hands of middle aged people.