The Ugly Duckling — From Boolean Algebra [Aoki Mori]

Mori Akira's Profile

Economist. Affiliated with a think tank (United States). Specialties include exchange rate policy, monetary policy, macroeconomic policy, and financial regulation. Interacts with market participants, financial authorities, and policymakers, analyzing exchange rate trends from multiple angles.

※ This article is a reprint and revision of an article from FX攻略.com February 2021 issue. Please note that the market information described in the text may differ from current market conditions.

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When I first started living in the United States, there was something that surprised me greatly. The Americans around me seemed to drink coffee in such enormous quantities that I wondered how many cups they consume every day. However, when I looked into it (Image ①), I found that the country with the highest per-capita coffee consumption in the world is Luxembourg, consuming 2,884 cups. This translates to about 8 cups per person per day. The United States, far from top, ranks 20th, with a per-person yearly consumption of 411 cups.

By the way, Japan ranks 30th, with a per-person yearly consumption of 340 cups. On a personal note, my breakfast at home is small pancakes and coffee (at the club lounge, breakfast is Danish, cut fruit, and coffee). Outside the home, to avoid upsetting my stomach, I try to drink tea (tea bags, so not very tasty at all, but I’ve grown accustomed to the flavor).