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Stamps already ARE currency, effective by some international treaty from the 1850's, already implemented before the US Civil War broke out.

currency. This is a perfectly legitimate financial instrument. Not to far from the US T-bills; or "T-bills for the rest of us".

So, the post office issue a currency rated against the delivery of future services. Then they can take in money now, place it in a financial instrument of choice, and deliver the service when the customer requests it. They can collect interest in the mean time.

They just need to cover the inflation with the dividend from the financial instruments. And, they get improved liquidity from the operation, and probably get better terms all over from such an exercise.

???

Low res. movies was: Slow mac need more HD speed 2811
Sorry, I f***ed up. And I don't know the correct term to use. I was thinking about a currency that never loses nor gains value. I buy...

Our post office has been as close to privatised as the consbreastution and international treaties allow. They have been selling "clbutt A" stamps for a decade now. This is the same type, where it pays for the delivery of a "clbutt A" letter.

When people come to you and want to pay in advance for your services you are in the sweet spot, and can use it to make even more money.

-- mrr



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