Another economic hit...

[REWahoo]

Will the bad news never end?

Brace yourself: Beer prices are going up

Brewers say rising commodity costs and lower volumes are forcing them to raise its price tags.

Beer prices about to get frothy - Aug. 25, 2009

I'm looking for deflation to set in any minute now...

 

[W2R]

Doesn't bother me!!

(since I don't drink the stuff)

 

[Dawg52]

I say BS to lower volumes.

 

[REWahoo]

Doesn't bother me!!

(since I don't drink the stuff)

You just wait until the price of toilet paper skyrockets. You won't be so smug then I'll bet...

 

[W2R]

You just wait until the price of toilet paper skyrockets. You won't be so smug then I'll bet...

You're right! Got to have TP.

 

[Notmuchlonger]

Good thing is not wine.

 

[Fireup2020]

To avoid "paying" for beer, we work at beer festivals! Nothing like getting PAID to drink beer, sometimes judge beer, sell t-shirts, flirt with men (DBF gets to flirt with the ladies), drink beer...win win situation!! (and sometimes the brewers send us home with extra free bottled beer!!)

 

[Stevewc]

To avoid "paying" for beer, we work at beer festivals! Nothing like getting PAID to drink beer, sometimes judge beer, sell t-shirts, flirt with men (DBF gets to flirt with the ladies), drink beer...win win situation!! (and sometimes the brewers send us home with extra free bottled beer!!)

You just gave me a great idea.
Maybe I could drive a beer truck for awhile after I retire.
Probably get fired for misplacing the merchandise after a short career but it would be fun while it lasted. I'll be shopping for a Kegerator. That's the Ticket.
Steve

 

[bbbamI]

Looks like I'll have to increase my sin budget.

 

[Rich_by_the_Bay]

So NOW what am I gonna fill my hot tub with!!??. Geez...

 

[ziggy29]

More of that deflation...

 

[Goonie]

You just wait until the price of toilet paper skyrockets. You won't be so smug then I'll bet...

Nah, that won't matter much either. W2R is movin' to Missouri....ain't got no need for none a that thar fancy-schmancy toi-lette paper! That's what God made corncobs fer, by cracky!

 

[FIREd]

They say that the cost of health care is running out of control! Even the over-the-counter stuff is fast becoming unaffordable, eh Dawg?

 

[bbbamI]

So NOW what am I gonna fill my hot tub with!!??. Geez...

How about gin...or is that only reserved for bathtubs?

 

[Stevewc]

How about gin...or is that only reserved for bathtubs?

Gin will make you Sin
Got to be careful with that stuff.

 

[W2R]

Nah, that won't matter much either. W2R is movin' to Missouri....ain't got no need for none a that thar fancy-schmancy toi-lette paper! That's what God made corncobs fer, by cracky!

Hey, this city girl needs her toilet paper! And lots of it!

 

[bbbamI]

Gin will make you Sin
Got to be careful with that stuff.

Hmmm...all along I thought it was that naughty twisted lime....

 

[TromboneAl]

Good timing. I just bought two 30 packs of Natural Light for $12.99 each at Riteaid.

 

[Dawg52]

Even the over-the-counter stuff is fast becoming unaffordable, eh Dawg?

Never! I'll give up a meal a day if I have to.

 

[NW-Bound]

It may not be coincidental that Heineken just reported 20% profit gain in the face of lower volumes. The formula for success: faced with lower volumes, one raises prices because the remaining drinkers are the hardcore users who will bear any prices to get their med. Results: even higher profits.

Note that taking out the 50 million euros cost savings and Heineken still realized an increase of 32 million euros despite lower volumes.

Darn! Is it too late to get some of them booze stocks?

Aug. 26 (Bloomberg) -- Heineken NV, the world’s third- largest brewer, reported a 20 percent gain in first-half profit that beat analysts’ estimates on cost savings and higher prices.

Net income climbed to 489 million euros ($699 million) from 407 million euros a year earlier, the Amsterdam-based company said today. The average estimate compiled by Bloomberg was 425 million euros. Heineken rose as much as 9.3 percent in Amsterdam trading, the steepest intraday advance in 10 months.

The maker of Amstel and the U.S.’s Heineken Premium Light reduced expenses by 50 million euros in the first half under its so-called Total Cost Management program, which has shed jobs in the U.S. and Europe and culled warehouses and trucks globally. Heineken also increased prices in markets from the U.S. to eastern Europe to offset shrinking consumption.

 

[freebird5825]

Will the bad news never end?

Beer prices about to get frothy - Aug. 25, 2009

I'm looking for deflation to set in any minute now...

Better stock up!
There may be a "run" on beer like there was on TP in the 70s when Johnny Carson joked about it on his show.

 

[Midpack]

Good thing is not wine.

I'm with you, beer going up is relatively unimportant to me. Now if wine goes up, that's a catastrophe.

 

[NW-Bound]

As of a year or two ago, there was a wine glut in Europe, namely France, Spain and Italy, and also in Australia and South America. Even actor Gerard Depardieu's vineyard had problems selling the wine he produced.

The EU had to buy the lesser wine to distill into ethanol for fuel, and paid a few cents per quart. I don't think there's any fundamental change to the supply side. So, wine drinkers should be safe.

I drink more wine than beer, and even distilled wine (cognac), so ... Cheers!

 

[heyduke]

How about gin...or is that only reserved for bathtubs?

I restrict gin night to once a year when I visit my friends lake house in the Adirondacks in upstate NY...

 

[bbbamI]

Here's what you can do with your empties....beer box spa....