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I'm old enough to remember when Amazon had an "advantage" over bricks and mortar operations because it was much less capital intensive. However, under ZIRP, ha
by jgalt212 4y ago
I'm old enough to remember when Amazon had an "advantage" over bricks and mortar operations because it was much less capital intensive. However, under ZIRP, having a capital intensive business (warehouses, data centers, etc) is a vast moat. Will this change as interest rates continue to increase?
- Vladimof 4y agoBut they charge people for warehouse space before they even sold their product, don't they?
- AnimalMuppet 4y agoWhat Amazon has now is much less capital intensive than trying to do anything equivalent with retail outlets.
- mywittyname 4y agoThey retain that advantage. B&M retail needs all of the warehousing of Amazon, but also requires low-efficiency retail space that services a pretty narrow geographic area.