Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: JoeProBono

In other words, stamps are now a hedge against inflation and will retain their value no matter what happens to the economy. They are as good as gold.


3 posted on 12/29/2010 6:30:36 AM PST by ClearCase_guy
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ClearCase_guy

If you are willing to take a piece of paper with the promise of the government on it over gold.....good luck!


5 posted on 12/29/2010 6:32:40 AM PST by Gadsden1st
[ Post Reply | Private Reply | To 3 | View Replies ]

To: ClearCase_guy

Actually, it seems to me that they can change the price of the stamp, but not have to change the face of it, and it will still be a “forever” stamp.


6 posted on 12/29/2010 6:33:12 AM PST by basil (It's time to rid the country of "Gun Free Zones" aka "Killing Fields")
[ Post Reply | Private Reply | To 3 | View Replies ]

To: ClearCase_guy
Yes, and the only remaining restraint (the cost of printing a new denomination stamps) is gone.

I had German Air Mail and surface mail stamps from the early 1930s with black over stamps that were used to keep up with their hyperinlaction. The highest one was a 10 Mark stamp with a 1,000,000 Mark over stamp.

Are we officially headed in the same direction?

10 posted on 12/29/2010 6:39:37 AM PST by Nip (TANSTAAFL)
[ Post Reply | Private Reply | To 3 | View Replies ]

To: ClearCase_guy
Well, not really.

The Post Office has a nasty habit of redefining a typical envelope. Things that used to go for the standard first-class rate now cost more than double that rate. (E.g. a 5x7 flat envelope with a cardbord stiffener inside.)

ML/NJ

13 posted on 12/29/2010 6:43:46 AM PST by ml/nj
[ Post Reply | Private Reply | To 3 | View Replies ]

To: ClearCase_guy

Can I buy vodka with them?


27 posted on 12/29/2010 7:45:14 AM PST by listenhillary (20 years in Reverend Wright's church is all I need to determine the "content of his character")
[ Post Reply | Private Reply | To 3 | View Replies ]

To: ClearCase_guy
"In other words, stamps are now a hedge against inflation and will retain their value no matter what happens to the economy. They are as good as gold."

Think about it...it's just a loan to the postal department. They're (USPS) spending tomorrow's money today.

33 posted on 12/29/2010 12:32:09 PM PST by blam
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson