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Amazon Has Become A Macro Phenomenon

September 22nd, 2017 · No Comments

  • Has Amazon become so big that it is starting to affect how the US economy behaves?
  • The evidence is somewhat mixed, Amazon probably exerts downward pressure on prices, but not on wages.
  • At least, not yet, because we are likely to be close to an inflection point where the automation of the whole logistical trajectory is going to get automated.
  • That will likely have a much more profound effect on employment and wages.

Source: Amazon Has Become A Macro Phenomenon | Seeking Alpha

Tags: AMZN · Economy