Brian Perry
Senior HTF Member
- Joined
- May 6, 1999
- Messages
- 2,807
Aside from the usual ramblings coming from the USPS when they want to raise the cost of a first class stamp (they are proposing a hike to 42 cents), I found the latest press release pretty interesting. The USPS would like to offer a "forever" stamp, which would always be sufficient to mail a first-class letter even if the rates increase in the future. According to the article, this stamp would be immune to inflation, which is the primary reason the rates are always going up.
Thanks for trying to sell us something that should have been self-evident -- all stamps ever purchased should be considered "forever" stamps! If you lay out the cash today for stamps you won't use for ten years, you have essentially given the USPS an interest-free loan that should cover any inflationary costs. A 13-cent stamp from 1976 should be valid postage today for a first-class letter, as it is likely "worth" the same as (or more than) the current 39-cent stamp.
Thanks for trying to sell us something that should have been self-evident -- all stamps ever purchased should be considered "forever" stamps! If you lay out the cash today for stamps you won't use for ten years, you have essentially given the USPS an interest-free loan that should cover any inflationary costs. A 13-cent stamp from 1976 should be valid postage today for a first-class letter, as it is likely "worth" the same as (or more than) the current 39-cent stamp.