[chiefalchemist]

65+ and often at the lower end of economic scale (at least in the USA). I can't imagine that much flowed. E.g., housing prices would have feel as supply outpaced demand.

For the non 65+ that died, that's a negative for the economy. Loss of productive years, etc.

[wombatpm]

There are also follow on effects. My Inlaws passed away over the last three years. It has been a huge time sink and blow to productivity this whole time.

Long Covid among the survivors is the big unknown to productivity