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What is the true IFR?

New data from an American university provides some details about the lethality of this virus:

Researchers at the University of Washington School of Pharmacy worked to get a more accurate estimate of the fatality rates of people who get sick with the novel coronavirus (COVID-19).

According to their calculations, researchers said it's possible there may be between 350,000 and 1.2 million coronavirus deaths in the United States. These staggering numbers may put to rest the debate over which is deadlier, COVID-19 or the flu.

"In the whole of the United States, there were 30,000 to 35,000 deaths from flu in the first two months. This year from COVID, we have more than 100,000 deaths. Surely, this is a different beast that we are talking about,” said Dr. Anirban Basu, director of the Choice Institute at the UW School of Pharmacy.

The same doctor provided the following information earlier this month:

COVID-19 kills 1.3% of symptomatic people and could kill 500,000 Americans in the coming months if as many people contract the highly-contagious virus this year as contracted the seasonal flu last year, according to a caveat-laden estimate published Thursday in Health Affairs. [...]

"If we carry out a thought experiment where 35.5 million individuals would contract COVID-19 illness this year in the US (i.e., the same number as flu last year) then, in the absence of any mitigation strategies or social distancing behaviors and the supply of health care services under typical conditions, our IFR-S estimate predicts that there would have been nearly 500,000 COVID-19 deaths this year."

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