At the risk of infuriating every aged person in Australia, asking them to self-isolate at home for a few months could go a long way to reducing the strain on hospitals.
The main focus of economists around the world at present is to assess the efficacy of fiscal and monetary policies in trying to limit the economic damage brought about by the COVID-19 virus (CV19).
Yet this focus is misplaced. Worrying about macro-stimulus now seems irrelevant given we are deliberately destroying our economy to slow the spread of CVI9.
David BassaneseColumnistDavid Bassanese is chief economist at BetaShares Exchange Traded Funds. He writes on markets specialising in debt, derivatives and monetary policy. He worked at the federal Treasury, OECD and Macquarie Bank. Connect with David on Twitter.
