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Besides the pure cost considerations, there are genuine variations in quality and taste that can be produced by different processes. This means that premium whiskies do not just cost more, they taste better to the drinker.
A delicate balance game between ingredients, skill to create, time, supply, demand, quality, and downright knowing how expensive is too expensive
You make something that requires skill and craftsmanship, then put it in a barrel, build a storage facility, then leave it for 8 years or more.
I’d want a good pay off after all that investment and costs.
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