Robbie Bernstein

I just realized it was from 2022, but I do think it displays her lack of understanding of basic economics and a fundamental flaw in a, in her general approach to these things.

And it gets more interesting in the second half where she's explaining how the benefits of COVID should not be faulted for inflation, but the entire thing's worth a listen.

These aren't fair questions.

Wherever prices are increasing.

There's also a storyline of if you wanted to talk about corporate greed, I think if you were to look at a Walmart, it's a greediness of the way that they're –

squeezing suppliers or maybe even importing cheaper goods because american manufacturers couldn't provide the goods at the prices that they're requiring but you know some of these producers some of these bigger companies they uh really squeeze the producers of will buy a lot of your content but you got to get it for this low of a price

The idea that Walmart's model is trying to squeeze consumers and try and have the market for the highest prices, that's not the way Walmart operates.

All right.

I think the second half of this is particularly telling of her acumen and even her ability to defend socialist policies.

the stupidity of if we gave people too much free money and that drove up prices the idea that we then shouldn't give people free money because it doesn't actually work because there's another side to the equation of if people have too much free stuff it actually makes things more unaffordable well we can't say that even if that's what's happening in reality we don't want to say that because then the conclusion would be it's bad to give people free stuff and we can't

possibly come to that conclusion even if that is reality we can't come to that conclusion because it would undermine my entire identity it would undermine my entire philosophy and so let's ignore the unintended consequence of pretending like we can give people free stuff because sure in this environment it didn't work out well and it drove up prices but if we acknowledge that then we can't continue to do this thing

It might be nicer if farts smell like cookies, but they don't.

So, okay, was there more to this that you thought was a... I mean, that was the moment that I really was like, wow, this is incredibly stupid, but there might be more to it.

You know, the isolationists like to talk about warmongers, and I've coined a word called diplomacy mongers.

That is people who think that we can talk our way or they can talk their way into some kind of an arrangement.

I'm doing well.

And a reminder, everyone, we're at Fifth Company Brewery next weekend.

And I've got the Shell up in New Hampshire this weekend.

Then we've got Pittsburgh, Boston, Chicago.

And that's just in one day.