Yep, agreed. With the disproportionate impact on different levels of income. This entire situation does bring into the question about how society and the economy works on a fundamental level.
Such as the idea of unpaid labour not being priced in the economy (carers, non working parents...) and the complete disconnect between incomes (economic pricing) and 'contribution' to society (teachers, nurses...).
It is all passingly interesting, it would be a pity to return to the earlier model of maximise personal profit, minimise personal expenses.
Socialise the losses, privatise the profits, classic neo-liberalism. :)