News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
The culture around beer shifted from cheap low alcohol content drinks with little variation, to more expensive high alcohol content drinks with a ton of variation. Then, as with anything that hits a "trend", the market tries to capitalize on it beyond what demand actually cares to express, and prices go so far through the roof that nobody gives a shit anymore.
Nobody that was already drinking cares about the health issues (or at least they didn't just suddenly change out of the blue). They just got a taste for something that gradually got priced out. If you got your taste for beers on fancy 10%ABV stouts that now cost $7 a can/bottle, you aren't going to just buy whatever is now in your price range. You just stop buying beer, and get other shit.
Great insight, and really this is emblematic of the idiotic hyper-focus on growth, as much and as quickly as possible. It's always better for society and broader stakeholders if growth happens organically. Growth should happen to satisfy growing demand, it should not be forced to go as fast as possible because there's ridiculous money to be made by getting in early and inflating demand.
Every damn thing "investors" get a fuckin whiff of they ruin this way, housing being probably the worst (repeat!) offender. We have to figure out how to disincentivize this behavior. It guarantees toxic trash for industries in their wake and just further enriches the worst among us.
Edit: clarity
It’s all about financialization. Money people don’t care about product fundamentals anymore, they care about line go up.
Craft beer looked like a perfect investment because it was already a premium product with social caché (that incidentally was also addictive). But as the above comment notes, there isn’t an endless appetite for overpriced beer, especially when the market is flooded with shitty imitations from mass market beer companies.
The way to disincentivize it would be to let interest rates skyrocket (financialization only works if the cost of borrowing is effectively zero) but that would hurt regular people first and worst.
We could also vote in a socialist government who was willing to do things like seize corporate-owned housing and piss on the corpse of companies like Blackrock as their portfolios lose a significant percentage of their value but that seems remarkably unlikely.
Couldn't agree more. There is no solution to this exploitative pattern that doesn't involve drastically curtailing the profits made by participating in the pattern. The details matter obviously, but the situation is really that simple. There's no solution for us that doesn't require ending the rewards of this behavior for them.
It doesn't help that alternatives have been lowering their prices. For example Wine prices have been decreasing due to a large amount of over-production. When a can of fancy beer cost $7 and a decent bottle of wine cost $9-12, economics wins out.
Oh and south central Washington (Yakima valley) is taking a beating on Hop prices. Most of those expensive beers have a lot of hops in their recipes. Add in they are highly dependent on immigrant labor and they are truly fucked for the next few years.
I feel that. I love fancy crazy beers, but the prices are getting outrageous nowadays. Theres a four pack of cans that looks interesting at my local grocery store, but it's almost 15 dollars for the privilege.
Do you know what I like even more than fancy beer? Not getting screwed and taken advantage of. At the end of the day, beer isn't even healthy for me anyways--the choice to slow down or stop is no problem at all tbh.
15 is affordable by me. Highest I've seen is $33 for a 4 pack. Might as well just go out to a bar at that point.
Some of them feel like they are almost worth the expense. Founders makes some amazing beer of all varieties, and the Goose Island Bourbon County stouts are all phenomenal... But then there's shit like Southern Tier trying to sell yet another stupid twist on a flavor nobody has ever done for $5 more than last year's variety. It's just pointless to engage in it now. Better off enjoying cheap wine.