COVID-19 Media Caused Hysteria?

Fake News #12

Return to Fake News 6/22/20


Relative Fatalities Seldom Reported By US Media


Media set the tone early by using what statisticians call "Chunks." By using this whatever data is available, they are basing "Breaking News" and models projections on "hot Spots" knowing these inflated projections would add viewers. Always follow the money! The resulting hysteria will end soon after random sample data arrives.

On 3/17 Dr. J Ioannidis of Stanford stated that best evidence is fatalities may be 1% or less. Latest mid April data indicates fatalities may be about the same as seasonal flew. There has been a lot of optimistic news that was not "Breaking News."


Positive News Ignored?


The hardest hit states remain Washington, New York and California. 3/17/20 Source


Prepare for Economics of COVID 19 Debt Fake News Will Mount

Central Banks buy government debt which is like an overdraft accounts for the government. This creates money which might cause inflation, but given a recession, it is a worthwhile risk.

These central bank purchases lowers interest rates which lowers debt service cost. These purchases move government IOUs from private portfolios to languish on a CB balance sheet. Acting together, thee may negate debt as a political issue.

Continuing these crisis-fighting methods into a recovery will require a political battle. Inflation fear mongering is similar to debt fear mongering.

This summary by W. Antoniotti of the economics of COVID 19 debt is from

Should we be scared of the Coronavirus debt mountain?
by Adam Tooze. Adam also explores the politics federal debt.

We Can't Follow Germany's Highly Socialist Approach

Over the 10 days ending 4/16, the US deaths per million improved
from 7th to 8th among countries with most cases.
Deaths per million is an important though ignored
the best measurement of COVID 19 devastation.


This indicates opening state economies from lockdowns
 should follow a Federalist approach.




Other COVID-19 Stuff   Latest News    A Concise History       June 12 Summary    Planning the Economic Recover

What Comes Next    COVID 19 Death Cycle    Media Caused Hysteria?    OVID 19 Morality Thought Experiment    Fake News Covid-19 

Update 4/18:



3/29 COVID-19 Virus Blame Game Must Stop



4/7/20  Some Are Optimistic
summary of 
Crucial Facts About Covid-19
By J. D. Agresti 3/3120 Updated 4/6/20

 from Dr. Brett Giroir



4/2 Oxford Model assumes many early infected immune people.
It projects less hospital stress and fewer deaths.

Imperial Model assumes fewer early infected immune people.
 leading to the opposite results.


Other CV Stuff    A Concise History      What Comes Next    Planning the Economic Recover    COVID 19 Death Cycle   

Media Caused Hysteria?   OVID 19 Morality Thought Experiment    Fake News Covid-19