At the end of 2020, we had high hopes that 2021 would be a darn sight better. In some ways it was, but in many ways it wasn't and often things went sideways. This podcast covers many of the major events of 2021. #2021YIR
hyper-inflation
LR Podcast, S2, E23: A trip to the grocery store
The immunized gets to keep their job, no problems. The other must submit to weekly COVID tests or lose their job, despite having natural immunity.
LR Podcast S2E7: Collectivist Debt
Ayn Rand explains how leaders with a collectivist mindset can justify such lusty sums for pet projects and public largess even though we are experiencing record inflation partly due to previous enormous spending. It comes from altruism, paired with a neurotic lack of self-esteem in a leader or among lawmakers that fuels the need for ever more spending on “the public good”. It is based upon the need to feel good, rather than actually doing good.
How did we get to multi-trillion dollar spending bills? Ayn Rand had an answer.
The public who support these policies get to feel good about themselves too, but only for a little while, until the bill comes due. By the time they're paying $5 for a loaf of bread, and $6 for a gallon of gas, it's too late.