Quotes About Middlemen

In short, this is corruption by proxy. It is essentially a form of "political arbitrage," where friends and family members of powerful political figures have positioned themselves to serve as conduits or middle men between those seeking influence and those who possess political power.

What's awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them.

The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.

It will be very exciting to watch how the industry responds to filmmakers getting closer and closer to their audiences - and they must, as for too long it has been quite impossible for filmmakers to actually get anywhere near to revenues arising from their work. Too many middlemen!

America's moved so much of its production and manufacturing offshore, it's become a nation of middlemen.

You still had to use the Balkanized, legacy banking system, which was built before the internet even existed, littered with middlemen and rent-seekers all along the way. And only if the central authorities of this network allowed it to happen, would your money move at a snail's pace from point A to point B.

Perhaps the individual is so viable a god because he can actually understand the ceremonial significance of the way he is treated, and quite on his own can respond dramatically to what is proffered him. In contacts between such deities there is no need for middlemen; each of these gods is able to serve as his own priest.

Whether it is through stock-market trading or the sale of hotel rooms, the Internet has a way of bringing deflationary forces to all businesses that were hitherto inefficient and involved many middlemen.

He walked around the Las Vegas casino incredulous at the spectacle before him: seven thousand people, all of whom seemed delighted with the world as they found it. A society with deep, troubling economic problems had rigged itself to disguise those problems, and the chief beneficiaries of the deceit were its financial middlemen.

President Trump has exposed the dirty secret of drug pricing: There is a shadowy third player in the transaction between patients and their pharmacists: middlemen who have taken a big kickback from the drug manufacturer, which may or may not be reflected in patients' out-of-pocket costs.

Denying the necessary role of the creative mind as expressed in capital and technology, Marx ended up vindicating the zero-sum vision of anti-Semitic envy, in which bankers, capitalists, arbitrageurs, shopkeepers, entrepreneurs, and traders are deemed to be parasitical shysters and dispensable middlemen.

The way health care is funded in the U.S. is not sustainable. People are being kept alive who are probably better off dead. The cost of health care is too high, and you don't get much for it - it's twice as high in the U.S. as elsewhere, and it's because of the middlemen.

Back to Tony, "cap the downside" also applies to thinking long-term about fees and middlemen: "If three of my friends [and I] all put aside the same amount of money, and we all get a 7% return, but my buddy's getting fees of 3%, my other buddy's 2%, and I'm 1%, and all three of us put $1 million in or $100,000 . . . the person with 3% of fees ends up with 65% less money [in the long-term]. . . .

It is critical that you decide how you will sell and distribute your product before you commit to a product in the first place. The more middlemen are involved, the higher your margins must be to maintain profitability for all the links in the chain.

Bitcoin also promised to solve the problems of the existing financial system and get rid of its middlemen — and then it recreated most of those middlemen, but incompetently

Hollywood is just a bunch of middlemen, people trying to facilitate content transfer between creators and viewers.

It was the fact that we were selling dead animals. You see, farmers are only supposed to sell live animals to processors and marketers who are supposed to make all the money—those notorious middlemen. After all, we couldn't have all that middleman money going to farmers. No, that wouldn't be right. Farmers are supposed to be peasants, serfs, impoverished dolts, remember?