Priority Mail Big Increase

[wwillson]

2% target inflation is not a random number, chosen because normal people don't notice 2% loss in purchasing power in a year.

The dollar has lost 97% of its purchasing power since the federal reserve was formed in 1909. The cure is worse than the disease.

Don't forget that some inflation is natural and expected as resources are never infinite.

 

[Pablo]

Its the boil the frog one degree at a time by design.

2% target inflation is not a random number, chosen because normal people don't notice 2% loss in purchasing power in a year.

The dollar has lost 97% of its purchasing power since the federal reserve was formed in 1909. The cure is worse than the disease.

Generations have forgotten true busts. I mean sure "the great recession" "dot.com" etc. Milk toast material. So there is that, goal achieved.

Well until the SHTF for real.

 

[Zee09]

I get 300 stamps for $69.
I took them to two postmasters and they said they are legit but older forever stamps..

 

[Pablo]

I get 300 stamps for $69.
I took them to two postmasters and they said they are legit but older forever stamps..

No comment.

 

[Zee09]

No comment.

You needed to post that you had no comment.. Wow so 22nd century level dude.

 

[wwillson]

You needed to post that you had no comment.. Wow so 22nd century level dude.

He was exercising his right not to testify against himself.

 

[Zee09]

He was exercising his right not to testify against himself.

Or just being "testy"

 

[Pablo]

You needed to post that you had no comment.. Wow so 22nd century level dude.

He was exercising his right not to testify against himself.

@Zee09 is omnigenerational. I didn't want to call him a boomer, but if he forces my hand......

 

[SC Maintenance]

Generations have forgotten true busts. I mean sure "the great recession" "dot.com" etc. Milk toast material. So there is that, goal achieved.

Well until the SHTF for real.

True.

Of course I could list all the problems the fed created or enabled. But as we know it would be a waste of time since I can't change any of it.

The key is people need to understand its not the post office raising prices, its the dollar going down, and acting accordingly. Unfortunately if you are of meager means even if you know you have no ability to act.

 

[SC Maintenance]

Don't forget that some inflation is natural and expected as resources are never infinite.

Thats way too simple an explanation. Cost push inflation exists for limited supply goods for sure. But if we didn't have a un-naturally increasing money supply something else would have to go down correspondingly. Supply / demand is defeated by an increasing currency base, which is how we get 81 cent stamps. Want more DD Ram, mail fewer letters.

 

[zzyzzx]

USPS has been losing money for years. There have been many threads on it.

Isn't USPS basically a giant pension fund that happens to occasionally deliver some mail?

And I plan on stocking up on Forever stamps sometime this week.

 

[SC Maintenance]

Isn't USPS basically a giant pension fund that happens to occasionally deliver some mail?

And I plan on stocking up on Forever stamps sometime this week.

That might be the best definition of it I have heard yet. Thank you.

 

[Zee09]

I actually give stamps as gifts...
Saturday I sent an old friend a book and she was thrilled.
Of course most don't appreciate it but when they need one... they finally get it...

I don't use many but I like to have them around.

 

[Zee09]

This text message was approved...

 

[Pablo]

Isn't USPS basically a giant pension fund that happens to occasionally deliver some mail?

And I plan on stocking up on Forever stamps sometime this week.

VERY occasional.

I don't have time to type any more USPS stories. I'll tell you in person one day.

 

[SC Maintenance]

VERY occasional.

I don't have time to type any more USPS stories. I'll tell you in person one day.

The post office could easily be fixed, but 6 day a week bulk mail delivery is crazy in current times and the legacy pension costs need to be dealt with seperately.

Of course no one can seemingly accept either idea hence will only get worse.

 

[zzyzzx]

VERY occasional.

I don't have time to type any more USPS stories. I'll tell you in person one day.

I think the person who delivers mail on my route is lazy and just throws away the mail instead of delivering it.

 

[Zee09]

I think the person who delivers mail on my route is lazy and just throws away the mail instead of delivering it.

I have a great younger guy...
Very polite too... Lucky me....

 

[CleanSump]

I thought GenX and GenZ don't know how to write, they only learned to type with their thumbs. That's why they don't send letters or write checks.