​US Drinking Rates Hit Highest Level Since 1970s Inflation Storm As Tequila Demand Soars – Tyler Durden

US Drinking Rates Hit Highest Level Since 1970s Inflation Storm As Tequila Demand Soars A broad overview of America’s beer, spirits, and wine consumption reveals a steady increase since the Dot Com bust, with per capita levels approaching the highs last seen during the inflation-driven misery storm of the 1970s. Economic misery and rising alcohol consumption often go hand in hand. “During periods of recession, US per capita alcohol consumption from beer, spirits and wine has been very resilient. Total beer volume declined in 2009 whilst spirits volume continued to grow,” Goldman’s Olivier Nicolaï told clients in a note on Tuesday.  Nicolaï…  — Continue at ZeroHedge News : Read More