COVID-19, china flu, kung flu

Are the government’s actions more harmful than the Covid-19 pandemic? Didn’t hear much of anything when the H1N1 influenza pandemic occurred in 2009 during Obama presidency. In 2012 CDC calculated H1N1 deaths at 284,000 worldwide. 201,000 respiratory and 83,000 cardiovascular disease associated. 20% of the deaths were people over 64. Covid-19 in the first 5 months had 16,559 deaths. H1N1 did not adversely affect the elderly.

A follow-up study done in September 2010 showed that the risk of serious illness resulting from the 2009 H1N1 flu was no higher than that of the yearly seasonal flu. Are the Covid-19 infections no higher than seasonal flu?

Since Covid-19 is mostly harmful to people over 64, and young people are least affected then so long as young people keep their distance from the elderly eventually this will pass. Economic shutdown not necessary. One thing to do like many businesses have store access separation like only elderly first couple hours of being open and rest of day for youth or set up as appropriate for each business. We could start the economic engine of America so better care can be offered to the afflicted. This is my estimation, not a medical professional, just a math nerd.

What other actions are the govt doing to deal with it. They have decided to do new rounds of QE Quantitative Easing. This is to print money. Give it to those who have not earned it. Giving freshly printed money to individuals and businesses to pay their bills while they have been laid off or shut down to a degree because the govt has stopped much commerce. The amount of QE they are talking about 2-4 trillion is insane.

So we are going to print money without producing anything? What gives money value are the goods and services we produce. If all we product is money we produce nothing! This is the danger. We are destroying the dollar sooner rather than later. When other countries stop sending us goods for inflated dollars and use that money to keep us afloat by buying US Treasuries the game is over. The money sits in America so all we have is runaway inflation.

The printed dollars that are overseas will start flooding back to America by competing with Americans to buy up all of our goods and services causing prices to skyrocket. Empty shelves, long lines until Americans start producing its own goods and we go back to real money based on a gold standard which would be easy with all the computer automation.

Leave a Reply