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A Big Idea to Save the Post Office: Turn It Into a Bank

Beset by the revolution in electronic communications and the increasing market share of private-label package delivery services like FedEx, the U.S. Postal Service has been struggling financially for many years. The price of a stamp may have just gone up by three cents, but with fewer and fewer Americans sending snail mail, the USPS needs to do more to shore up its finances. To be clear, the …

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