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Stamps and Inflation

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Joined Sep 10, 2015
Messages 1,482
If the Canadian government wants us to believe that inflation equals 1 - 2% per annum, why have stamps risen so much.

In 2013, a single stamp for an internal, standard letter was $0.63. Now it is $1.00. In 3 years, the price has increased over 50%.

How does that equate to 1 - 2% inflation per year?

The government is lieing to you. Just an FYI.
 

Madman

Reviewer
Joined Aug 12, 2011
Messages 17,543
It's because they are trying to kill of first class mail delivery . If they can show a significant drop in first class mail delivery they can cut the lettercarrier walks down. It's a job reduction program they are on.
 
Joined Sep 10, 2015
Messages 1,482
Who believes this chart?

dow-jones-vs-cpi-5y.jpg

According to the chart, the DJIA has risen almost 40%, but inflation has run only 8% over the same 5 year period. The government wants you to believe two things:

1) That the economy has produced 1/3 more goods and services than it did 5 years ago

AND

2) That the cost of living has only increased 8% in those 5 years.

If you believe that, you are dumber than drywall.
 

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