I love a cold beer. Not just because it’s refreshing and makes me worry less about the world’s problems, but also because of beer’s fungibility. Let me explain; I can go down to the store and buy a beer and it’s pretty much the same as any other beer I might purchase elsewhere. Sure, there are different standards of beer and I’m going to pay a few dollars more for my favourite Little Creatures than I am for VB but in essence I’m still getting hops and yeast with some water.
The point about fungibility is that beer is the same basic product no matter which one it is you’re drinking. In short, beer is a commodity.