postal system

As a business model fails, forever is pragmatic

In the postal business, there’s a term of art (as it were): the forever stamp. Forever stamps are always equal in equal value to the current U.S. first-class mail 1-ounce rate. The term has been in use for some years, but hasn’t really been relevant until fairly recently. In eras when rates were stable — we all remember the days when the announcement of a rate increase was an event, causing a slight shock and even protest, something for which we anyway had to plan — a “forever stamp” was essentially superfluous.

Syndicate content