First-class forever stamp prices went from 60 cents to 63 cents.
Officials say customers can expect price adjustments twice a year moving forward. The postal regulatory commission approved the price increase in November 2022, raising “first-class mail prices approximately 4.2 percent to offset the rise in inflation”. In addition to the forever stamp increasing by three cents, international letters and postcards will go from $1.40 to $1.45 for one ounce.
Metered mail will increase from 57 cents to 60 cents, and the price of domestic postcards will increase from 45 cents to 48 cents. Operating expenses continue to rise and sups is working on decreasing its debt. As of 2021, USPS is expected to be $160 billion in debt for the next 10 years. The US post office processes around 51 billion letters, another 14 billion in express mail and almost 8 billion packages per year.
We should multiply those numbers by the cost of stamps and package costs and that is a pretty hefty sum. So just where does all the money go? And how did the post office accumulate so much debt?
Last week we reported on trillions missing from the Pentagon, this week its the post office. It makes wonder just how many other government departments are also missing money, and if that is the case, does the government really need trillions per year?
Looks like just another fictitious hyperinflation situation fueled by the Deep State.