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Originally posted by filosophia
This would also reflect on how inflation is unavoidable and anything the government does to try and protect against this is only a short term solution and will eventually break. So to justify this in the global meltdown thread, the government will continue to make short term solutions until everything finally bursts at the seams. The post office being just one example.
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Originally posted by filosophia
Stamps had always gone up in price. I remember when they were 25 cents and then up to 39 cents, and then I lost track and they came out with a "Forever" stamp that would always be good. Well, the problem is, while they may raise the price of the forever stamp, people who have stamps from previous years will be paying a cheaper shipping rate because they "bought in" early, so to speak. That means the post office is running mail with a percentage of its delivery from forever stamps that were purchased maybe 6 months, a year, two years ago, or maybe more. So they are doing the work but not making new money. Is this causing the near default?
This would also reflect on how inflation is unavoidable and anything the government does to try and protect against this is only a short term solution and will eventually break. So to justify this in the global meltdown thread, the government will continue to make short term solutions until everything finally bursts at the seams. The post office being just one example.
Originally posted by lpowell0627
You could only blame it on the Forever Stamp if the price for stamps had increased significantly since the start of the Forever Stamp. For example, if the original Forever Stamps were $.46, and the price for a stamp now was say $.98, then they would be potentially losing money. However, without an increased price your theory doesn't work.