Social distancing works

by Volker Weber

Notably, JPMorgan found that 'card-present' transactions in restaurants (meaning the person was dining in, not ordering online) were “particularly predictive” to a later spread of the virus.

And interestingly, the JPMorgan study also found that increased spending in supermarkets correlated to a slower spread of the virus. Analyst Edgerton wrote that the correlation hints that "high levels of supermarket spending are indicative of more careful social distancing in a state."

Big data at its best. Correlate credit card spending with virus spreading.

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Comments

As a mildly OCD'er, I think the term "social distancing" is wrong. Since the Covid-19 crisis, I have never been more "social", physically and electronically. HOWEVER, I keep *physical* distancing and adhere to any other, proven sensible, behavior.

I think what is meant here is "physical distancing", or in case of payments, contactless payments. The term "social distancing" is screwed by all the media that just copied that phrase...

Boudewÿn /<iljan, 2020-07-01

I both agree and disagree. Yes, it means physical distance but we call it social distance. An important aspect is that we don't touch each other, which is pretty important.

Volker Weber, 2020-07-01

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I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

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