Commemorative Stamp

Clipped the following from Wrisley. 

 Every now and then we look in onThe Onion for a smile or a laugh.  The editors are tops at parody and leave no sacred concept untarnished. 

 The postal department is always looking for people and things to memorialize on their commemorative stamps...why not pay tribute to late 41¢ stamp?  

 By the way, in 1932 the price of a first class stamp was raised to 3¢. How much would that be in 2008 money? 47¢! In other words, first class postage today is cheaper than it was when Franklin Roosevelt first ran for office. Shows you what a long run of inflation will do.  

    However....prices are generally going up more than the official numbers tell us, says Bill Bonner.  "About the only thing that is going down, for the typical American, is the price of his house....The latest survey results from Case/Shiller show the average house in America’s largest 20 cities down 14.4% in March over a year earlier – the largest drop on record.  

    "So, who can blame the consumer for getting down in the dumps? Everything that we warned him about is happening to him. His bills are coming due...his assets are going down...and his income is falling."   Gad, what a grumpy review of these changing times.  But it's true.  On the one hand deflation. On the other, accelerating inflation.  How does one deal with them?  Uh oh!