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International Postal Rate increase -- Again

PostPosted: Wed May 20, 2015 7:32 pm
by IdahoCopper
The very most reliable indicator of the dollar's true value decline is apparent again.

The postal rate for the USPS Flat Rate envelope will increase on June 1st from $24.75 to $26.50, an increase of $1.75 or 7%.

The International Postal Union sets the prices of all mail, postage, and postal international exchange rates denominated in IMF SDRs.

This latest US postal increase validates a 7% inflation of the US dollar, since the last postal rate increase.