It is not wrong. The sentence should be understood as "consuming caffeinated drinks in moderation". The word "consuming" should be assumed by the reader.
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aleksky"Caffeinated drinks in moderation..."Although understandable, I beleive it's semantically incorrect.. . I would write:
alekskySo, this: "Consuming alcohol in moderation is safe."is correct, and this:"Alcohol in moderation is safe."is not correct?I sure wouldn't use it, and I beleive it's incorrect. You may want to hear what other members have to say about this, though.