Beer

[utee94]

Also, there are no credible studies-- no credible link-- between everyday sources of aluminum, and the development of Alzheimer's or other forms of dementia.

In other news, the world is not flat.

[longhorn320]

If one consumed enough canned beer to develop Alzheimer's, I'm sure he's on his third liver.

who are you
do I know you

[FearlessF]

Increasing bouts of extreme heat waves and drought will hurt production of barley, a key beer ingredient, in the future. Losses of barley yield can be as much as 17 percent, an international group of researchers estimated.

That means beer prices on average would double, even adjusting for inflation, according to the study in Monday’s journal Nature Plants . In countries like Ireland, where cost of a brew is already high, prices could triple.

https://apnews.com/3f7f6cab367a489fb41d728f8a69f63b

[BrownCounty]

Increasing bouts of extreme heat waves and drought will hurt production of barley, a key beer ingredient, in the future. Losses of barley yield can be as much as 17 percent, an international group of researchers estimated.

So you're saying global warming may be relevant after all?

[utee94]

Consumers of beer have proven to be relatively price-inelastic over the decades, which means that increases to beer prices don't correlate to decreases in demand.  This has proven mostly true over the past 10-15 years, as beer prices have crept up year after year, and demand has remained relatively stable.

But doubling the price from where it is right now ? That would make a dent. 

[FearlessF]

hah, if I want to double the price of my beer, I just go from NW Iowa to Austin, TX

[FearlessF]

anyone have an opinion on the Shiner Oktoberfest?

I noticed it in the grocery the other evening, but wasn't willing to give $8 for a sixer to test it.

[BrownCounty]

Consumers of beer have proven to be relatively price-inelastic over the decades, which means that increases to beer prices don't correlate to decreases in demand.

This brings me to a brief interlude.  Smoking.

A couple of decades ago, a pack of cigarettes went from like $1 to $5 almost overnight.  And what happened?  Less people were smoking.  Who was going to pay $5 for a stinking pack of smokes?  What are we, idiots?

But now a new generation comes around.... a generation that doesn't know about the $1 pack.  Teens today will happily pay $5 for a pack of cigs.  And smoking has taken somewhat of a rebound.

What you will pay for something is a matter of conditioning.

[FearlessF]

and the huge spike in Cigarettes was the sin tax increase

I will admit, when I'm being charged $10 for a Budweiser, I don't consume as much

[CharleyHorse46]

Leonard Smalls, the bounty hunter played by Randall "Tex" Cobb in "Raising Arizona," put it quite eloquently when he said, "Price. A fair price. That's not what you say it is, and it's not what I say it is... It's what the market will bear."

In certain venues that offer certain entertainment, I have paid exorbitant prices for certain foods and beverages that would have no business costing near that much in other venues offering other entertainment options.

But once you've spent $20 bucks on a beer or $30 on a burger, you feel a bit hypocritical complaining about the comparatively small yet seemingly outrageous costs of those same items elsewhere.

That's life.  If you want a beer and can afford the price, you'll pay it.

[utee94]

anyone have an opinion on the Shiner Oktoberfest?

I noticed it in the grocery the other evening, but wasn't willing to give $8 for a sixer to test it.

It's below average for a Marzen/Oktoberfest  beer.

[utee94]

Leonard Smalls, the bounty hunter played by Randall "Tex" Cobb in "Raising Arizona," put it quite eloquently when he said, "Price. A fair price. That's not what you say it is, and it's not what I say it is... It's what the market will bear."

In certain venues that offer certain entertainment, I have paid exorbitant prices for certain foods and beverages that would have no business costing near that much in other venues offering other entertainment options.

But once you've spent $20 bucks on a beer or $30 on a burger, you feel a bit hypocritical complaining about the comparatively small yet seemingly outrageous costs of those same items elsewhere.

That's life.  If you want a beer and can afford the price, you'll pay it.

For sure, the market is situational and varies based on proximal environment.
But I thought those places that charged for $20 beers also compensated by giving you a juicy sirloin steak for only $3.99?
I'll admit my familiarity with such establishments is minimal.

[Mr Tulip]

Global Warming to cause beer shortage

https://www.nature.com/articles/s41477-018-0263-1

[CharleyHorse46]

For sure, the market is situational and varies based on proximal environment.
But I thought those places that charged for $20 beers also compensated by giving you a juicy sirloin steak for only $3.99?
I'll admit my familiarity with such establishments is minimal.

It's the old, 
Do I want it for only $9.99 (plus $17 shipping and handling)?
Or would I rather pay $26.99 and get FREE shipping and handling?
Or
Do I want to pay $37,500 for this new F150 and have them give me $9,000 on my old beater?

Or would I prefer to pay only $28,500 to the people who refuse to take my trade in?
It's all about whatever sounds most tolerable.
They gonna screw you no matter what.  Why wear out everybody by putting up a fight?