> Are Your Frequent-Flier Miles About to Lose Value? The answer to this question is always "yes". Quite some time ago, the Economist estimated that the "money

> Are Your Frequent-Flier Miles About to Lose Value? The answer to this question is always "yes". Quite some time ago, the Economist estimated that the "money supply" of miles expands by 20% every year, which means that existing miles get devalued at roughly the same rate. https://www.economist.com/leaders/2002/05/02/frequent-flyer-economics https://www.economist.com/leaders/2002/05/02/frequent-flyer-...