The Price of Panic

Gilder's Daily Prophecy

October 19, 2020

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The Price of Panic

George GilderDear Daily Prophecy Reader,

Headlines everywhere are blaring — and lying — about “new cases!” Cases! Cases! These are not cases. These are positive tests, and the new ones are driven by the insane and getting insaner levels of testing. Here is the number of daily tests:

Chart

Click the image to enlarge.

We now test an average of a million a day. A million. One million. And it’s only going up. Of course “new” “cases” will increase!

Even if there was no virus left anywhere, because of false positives and the insane level of increased testing, increasing numbers of “new” “cases” would be reported.

I beg you will pass that bit of information on.

Just to give you a bit of flavor, here are daily tests for nine states, most of which headlines report as having “new” “cases”. I despair. Be careful! The y-axis limits change for each state, as is natural because they have different population sizes.

Charts

Click the image to enlarge.

Here are the daily attributed deaths for those states. Watch the y-axis!

Charts

Click the image to enlarge.

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There is no crisis anywhere. Iowa and Hawaii haven’t tailed off yet, but the number of attributed deaths (likely greater than actual deaths, as we saw) are small. It is effeminate, and nuts, to ask for 0 deaths before calling an end to the panic.

I should have rearranged these to show the difference between north/northeast and south/southwest. The bug spread, as bugs do, during the cold in the north, and then spread to the warmer regions, hence the two bumps you will see in the graph below.

Here’s the CDC weekly attributed coronadoom deaths:

Chart

Click the image to enlarge.

Even with the increases in attributed deaths — dying with instead of dying from — and hospitalizations — admitted with and not admitted from — because of huge increases in testing, the numbers are still dropping, dropping, dropping.

How low does it have to go before the panic subsides? November 3rd? That’s a joke, son.

To read the full blog post, click here.

-William Briggs

George Gilder Sees Something Big Happening


Regards,

George Gilder

George Gilder
Editor, Gilder's Daily Prophecy

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