"Alan" wrote in message
...
the zak wrote:
Are "forever" USA postage stamps sold at the current first class mail
price?... how does that work?...
Does that mean it's a more economical consumer choice when buying
stamps for letters?...
These stamps will always be valid for first class postage no matter what
price you pay.
It helps the Post Office because they don't need to print new stamps every
time the rate changers and it helps the consumer who doesn't get stuck
with the old rate stamps and have to buy make up values.
Some people in this group think this I dea will not work :-)
Alan
Never say "forever" :-) For example if the PO would be one day privatized,
the new company won't be happy to have to cover some unknown debts by
servicing the not used "forever" stamps. BTW, this could be a good reason
for the PO to issue as many of such stamps as possible...
As long as the PO has a monopolistic position, it can adjust its prices in a
way to compensate for the difference in price paid for its previous, less
expensive "forever" stamps.
I remember that when a few years ago the Liechtenstein Post was privatized,
most of the earlier stamps were simply demonetized, which reduced the
interest for those stamps. One participant thanked me for announcing here
the news and said that he will try to get rid asap of all his FL stamps.
The big problem with the allegedly "forever" stamps is that they eliminate
the (price) barrier that the PO had to overcome earlier (by issuing stamps
with higher face values) for inflating the costs of its services. Or, in
other word, these stamps are a kind of oil put on the brakes...
--
Victor Manta
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