Thursday, May 04, 2006

Post Office Hopes Idea Of 'Forever Stamp' Sticks

The Postal Service promises us another raise in stamp prices -- to 42-cents next year. But they're also pitching the idea of a "forever stamp." Buy it at today's prices and you can use it anytime down the road for a first class envelope -- regardless of stamp hikes in the future.

The Washington Post sums it up this way:
Consumers could squirrel away forever stamps for months or years; they essentially would gain value every time rates increase.
Now if Exxon will do the same thing with a gas can -- we might be onto something. (WashPost)

1 comment:

Ike said...

Doesn't exactly sound like a great inflation hedge.