Traitorfish
The Tighnahulish Kid
Do dictators not have necks, and the people lamp-posts?And then they'll get another communist dictator to rule over them. Nice one, workers.![]()
Do dictators not have necks, and the people lamp-posts?And then they'll get another communist dictator to rule over them. Nice one, workers.![]()
Perhaps. States really do need to do a better job of collecting sales tax on Amazon purchases and the like. But we will have to cope with the automated retail future sooner or later anyways.
I suppose. I do find it hilarious that the federals are just getting around to laying the groundwork that would make states inhibiting the legality of automated vehicles on their roads illegal. Oh wait, that isn't hilarious and it isn't inevitable, it's something being intentionally done.
Perhaps. States really do need to do a better job of collecting sales tax on Amazon purchases and the like. But we will have to cope with the automated retail future sooner or later anyways.
It's dormant commerce clause territory. Only now it's AI instead of mud flaps.
We're not "borrowing money", we're printing dollars and then printing bonds and the selling the bonds for slightly less than the amount of dollars we print (interest is generally done by upfront discount eager than future payments), which are worth exactly their money value, ergo it's always accounting-profitable for institutions to trade in US debt.*sigh* And then it takes money from the same poor people when inflation kicks.
Ok, replace "raise taxes" with "borrow more money". You can't just keep borrowing money forever, eventually it will collapse.
So you think we can just borrow as much money as we want and there will be no consequences? It's amazing to me that you don't see a problem here.
Amazon isn't losing money in any meaningful way. They're essentially operating at break-even while funding massive investment into new markets.
Brick-and-mortar are a small, unimportant (to ) sliver of Amazon's competitors.
They haven't shown any indication of raising prices in markets where they already are the de facto monopolist.
Oh posh. The decision is continuous and ongoing and for always the same reasons. It's dormant commerce clause territory because that's the wind, not because it's etched in stone. I could compromise as hard as windcarved, if you want.
All that does is give all of the power to the state whose regulations one can follow that also follows all of the others.
They aren't proftable either, and their current business is unlikely to become profitable any time soon. But that's the whole point - they aren't trying to be profitable, not yet. They are grabbing market share. The interesting thing to me is that it hasn't been established when they think they can turn the corner to profitability. Or IF they can.
I think big box stores are absolutely Amazon's competition. Amazon is basically the next iteration of the big box store. A huge part of what they are trying to do is to replace the need or desire for people to travel to actual stores to buy things. Whether they are "competitors" in terms of angling for the same pool of consumer dollars is kind of beside the point - Amazon is gearing their business towards replacing brick-and-mortar completely.
We're not "borrowing money", we're printing dollars and then printing bonds and the selling the bonds for slightly less than the amount of dollars we print (interest is generally done by upfront discount eager than future payments), which are worth exactly their money value, ergo it's always accounting-profitable for institutions to trade in US debt.
Would you rather have a million dollars cash, of which it earns no interest and only 250k is federally insured, or would you rather own a million dollars in bonds, which earns interest and is completely federally insured?
civver_764 said: ↑
. You can't just keep borrowing money forever, eventually it will collapse.
So you think we can just borrow as much money as we want and there will be no consequences? It's amazing to me that you don't see a problem here.
What is a 'Bond'
A bond is a debt investment in which an investor loans money to an entity (typically corporate or governmental) which borrows the funds for a defined period of time at a variable or fixed interest rate. Bonds are used by companies, municipalities, states and sovereign governments to raise money and finance a variety of projects and activities. Owners of bonds are debtholders, or creditors, of the issuer.