If the infection fatality rate was 0.1%, then around 60,000,000 of the population would already have been infected, and we would have herd immunity.
It is hard to know where it is as we have no idea of the number of people already infected. I am sceptical it is as low as 6% and think some may retain T cell memory or other antibodies (not tested for).
Say we go for 12,000,000 infected (or, at least, exposed) and 60,000 deaths (based on excess deaths), we get an IFR of 0.5%.
If we, optimistically, assume that 60% confers herd immunity, that implies around 250,000 deaths, around what the modellers suggested.
It is not the plague but nor can it be treated as a cold or ‘the flu’.