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You can always follow the money to see who benefits from a decision, and who gets penalized. The initial lockdowns penalized many small businesses (small shops
by john_moscow 5y ago
You can always follow the money to see who benefits from a decision, and who gets penalized.
The initial lockdowns penalized many small businesses (small shops, hairdressers) that could not operate and benefited large online retailers and chains like Walmart that were declared exempt, that got extra business.
The lockdowns also justified large-scale payout of benefits, that were funded by increasing the money supply. This benefited the owners of limited-supply assets (stocks, real estate, even the f*cking crypto) at the expense of people with cash savings and those with fixed/slowly changing income (most salaried employees).
Since most members of government are major real estate owners and stock investors, they absolutely had benefited from the lockdown-related economic measures more than an average salaried employee.
It is also notable that the effects of increasing the money supply are delayed. We are starting to see the inevitable rise of inflation over a year after the start of the pandemic. It will take a long time for it to taper down, and we are yet to see how it will affect the average quality of life (i.e. salary/expense ratio).
- soared 5y agoSo you’re just ignoring the countless lives saved and lost?
- XorNot 5y agoThat would be devastating to their argument, so of course they are. Though I'm impressed they're literally making the "lockdowns are being driven by Big Delivery Service" argument.
- chrisjs95 5y agoWill we know if we actually saved net lives in 20 years? That's what I keep thinking. If we just let it run its course it could have been over in a few months and we would have been back to normal. History will tell.
- soared 5y ago> will we know > history will tell I’m not following the logic here. As opposed to lockdowns we should.. let everyone die so those who live could go outside a couple months earlier?
- corinroyal 5y agoYes, that is literally what so many libertarians on HN and elsewhere think. Who cares if people die or suffer as long as I am not inconvenienced. You see the mental contortions they go through in this thread alone. It's death by petulance as much as pestilence.