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Written by 2️⃣tali on 2025-02-06 at 18:41

@tulips economists tend to try to dismiss the role of the dealer as either being parasitic, or maybe they are doing some sort of labor by moving goods around, but there is another explanation: the dealer by holding onto commodities takes on risk that they won't be able to find somebody to sell them to. if they weren't able to make a spread to profit of off, then they would lose money due to this risk, so they would stop performing this service, and then the market itself would cease to exist. therefore the presence of a spread is necessary for market exchange to be possible at all

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