4 ms·
I had a job once where we eventually determined that frictionless commerce is not a good goal. With no rules, taxes, fees etc no money can be extracted at vario
by xchaotic 6y ago
I had a job once where we eventually determined that frictionless commerce is not a good goal. With no rules, taxes, fees etc no money can be extracted at various points of the supply chain.
You want just the right amount of friction to keep economy going. Otherwise you get 1 rich Bezos and a billion people too poor to afford buying from him.