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Comment by taffer

You're missing the point. The difference between three-year-old and fifteen-year-old whisky is mainly due to capital costs, not labour costs. According to the LVT, capital costs are not real.

> product is constantly evaporating and you're getting a lower yield on the same initial input

This so-called 'angel's share' accounts for ~2% per year, not 10%.

parent taffer 4 months ago

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