A. Sweden disagrees
B. The actual fatality rate among infected is somewhere between 0,36 and 0,2 according to the latest studies in Europe.
Sweden has a Case Fatality Rate of 12.3%. Obviously the real CFR is lower than that, but impossible to tell what it really is due to lack of testing.

Liechtenstein had a total lockdown and their deaths were only 2905 from COVID. So obviously total lockdown is the way to go considering the number of deaths is lower.