"Pure" flippers and drop shippers who do none of the value adding work of buying large lots and retailing them, holding things over time, etc are both a worthless drag on the economy and a great argument against equivalent financial products.
>> buying large lots and retailing them, holding things over time, etc are both a worthless drag on the economy...
Like grocery stores? Department stores? Costco? Buying in bulk and selling smaller lots to consumers over time is the definition of retail sales.
If you want to eliminate middlemen and buy only from manufacturers, you better first know/learn chinese, japanese, french, german and spanish. And get a forklift. Most only ship product by the pallet.
I dont think so. We might not like dealing with them, but even the most horrible of middlemen still provide liquidity to a market. Amazon got its start as a middleman for books, and was hated for what it did to the retail bookshops, but it did inject liquidity to the betterment of consumers.
