bill gates saw this coming in 2015 [1] and proposed many solutions so we could better prepare including assembling a medical reserve corps, simulated "germ games", and investments in medical R&D along with increased investment in 3rd world health infrastructure to stop the infections before they spread

also many asian countries were better prepared due to their exposure to mers/sars [2]. so there was a precedent and influential people calling for change

but investing health infrastructure is not the Fed's job, that is congress/government's job - AKA the job of corporations through lobbyists who have no incentive to do any type of preparation, just perpetuate the consumption cycle

the fed is just responding to an economic crisis by trying to bail water out of a sinking boat, but they don't have the power to actually rebuild/fix that boat

[1] https://www.ted.com/talks/bill_gates_the_next_outbreak_we_re...

[2] https://www.ft.com/content/e015e096-6532-11ea-a6cd-df28cc3c6...