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42 sats \ 4 replies \ @Rothbardian_fanatic OP 5 Aug \ parent \ on: Jeff Bezos’s Yacht: Driver of Economic Activity econ
And there is nothing we can do about it, even if we wanted to do something. They can do what they want, and I don’t care! It is economic use of resources.
If it's not an economic use of resources that would have to come from how the wealth was obtained in the first place.
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I am just a bit confused about Bezos and the origin of Amazon. Who were his original backers that he could lose billions of dollars monopolizing the book market and spreading out from there? I made a lot of money at one time during the .com crash by buying puts on QQQ and AMZN. Did he make that company on the economic means or the political means?
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I don't know much about it. At that level, there's no way to avoid it being a mix of both, but he also had plenty of government obstacles to overcome.
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I’m curious as how he overcame the book selling monopoly allegations thrown against him. He really tied up the industry into a very small bag and walked away with it. He almost got my favorite Science Fiction Bookstore, too!!
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