Re: (RCSD) New US State Flag stamps

Ralphael1 wrote:

> Victor, each of the states of the US has its own flag. The first flag
> issue was in 1976. The set of fifty stamps sold for $6.50 US$. Now,
> thirty-two years later the new set sells for $21.00 US$.
> Yes,  the economy has changed dramatically, so has the number of
> stamps issued each year. My point was that it takes much larger outlay
> of cash to keep up with all the stamps many countries issue each year.
> 
> Ralphael, the O:D one

Although the difference between the cost in 1976 and 2008 seems large, 
it represents an annual compound interest rate of 3.73%.

Bill