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« And The BEST-Performing Stock Over the Last 10 Years is… | Main | JLP’s Question of the Day - Kids’ Hobbies »

How About a $.41 ‘Forever’ Stamp?

By JLP | February 27, 2007

The U.S. Postal Service is kicking around an idea of a $.41 ‘Forever’ postage stamp. Customers who buy this stamp would be able to use it even after future postage-rate increases. I guess it is kind of a hedge for those who mail lots of letters. ‘Forever’ stamps will be sold in limited quantities. Once prices rise, new ‘Forever’ stamps will be introduced at the new price but the old ‘Forever’ stamps will still be honored (hence the name ‘Forever’).

Maybe this is how all postage should be handled?

For more, you can read this article I found in the York Dispatch or the article that was published in today’s WSJ ($). Oh, and here’s the price and inflation history of the First-Class Stamp:

Price History of the First-Class Stamp
Source: AKDart.com

Inflation History of the First-Class Stamp

Topics: Business News, Miscellaneous |