Wednesday, May 03, 2006

Forever Stamp


I understand the United States Postal Service is wanting to go up on stamp prices once more as cost of fuel and other things are on the rise.

The Postal Service wants to do a "Forever Stamp" that stays first class postage no matter what price you paid for it, which is a good idea except for one thing, a big thing, a really big thing.

I am not an investor or player of the game of money changing, but my Prophet of the Obvious eyes see another thing to cause inflation. I am not a great mind of these things and offer a simple man view when I say that anytime money is made for exchange of nothing more than currency rise and fall it makes every dollar worth less, because no service or goods were satisified in the marketplace. If no use was made from money to expand the shaping and delivering of items to help humans live then it causes a rift of worth on the money market. I remember this guy that made a whip and went in swinging on an issue like this in an old collection of sixty six books.

If the stamp that you buy today is expected to rise five percent within the next day then there will be the investor who buys and sells a bit lower than the post office on the next day. Let us consider if one person had ten million dollars he wanted to invest in stamps knowing he could make three percent in one day...he would and he would make $300,000 for nothing more than betting on a sure thing. Making Jed's dollar worth a tiny amount less. It would make stamps a commodity for daily trade.

Heck, you all know I am wrong about many things. I know that I can get some good input from you smart readers that never makes matters worse.
:: posted by Tennessee Jed, 8:08 PM

7 Comments:

Things are just too complicated these days. WE are all Wearing that blue dress in a much bigger way as you said months ago.
Blogger Julie, at 9:45 PM  
I've spent way too much time here reading, but I really enjoyed it! I'm from just north of you, over the KY line. I'm goig to be a regular visitor.
Blogger Miss Cellania, at 12:26 AM  
Jed, we have a similar thing over here in the semi-civilised world. Our main first and second class derivative stamps just carry the legends "1st" and "2nd" and they can be used after price rises. As far as I'm aware nobody's ever gone into the post office and carpet bagged on them. But isn't it the same with dollar bills? One you got in change 30 years ago and worth a contemporaneous dollar and then lost for 30 years can still be used today but is still only worth a dollar. This is something I've never fully worked out but I suspect it smacks of evil nevertheless.
Anonymous Richard, at 5:09 AM  
My grand-dad was a rural postal carrier. He is probably rolling over in his grave right now.
Although, I have basically gone internet on everything, including paying my bills.
Maybe this has something to do with the big picture, but don't you think they'd be bringing the costs down.
Just wondering?
Blogger newscoma, at 3:27 PM  
Can't make head nor tail of the stamp thing (I did read about it today too). But I'm steamed to hear that Meals on Wheels is losing volunteer delivery people because they can't pay for the gas.

Maybe they ought to have "forever gas."
Blogger Anne Johnson, at 4:18 PM  
nuther good post, sir. ifn tiz so easy fer the profit of the obveeus to see, how cum caint hardly nobidy else see it?
Blogger buddy don, at 7:55 AM  
Anne essentially said what I was going to say.

People get all worked up over the rising cost of postage (and they should- don't get me wrong), but damn how much more money is costing us to drive down to the post office to get those stamps.

But looking on the bright side, the more The Man keeps sticking it to the working class and the common folk- the closer we are to revolution. Didn't somebody say something about letting folks eat cake once?
Blogger CM Edwards, at 6:39 AM  

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