The Economics of Airline Miles – Part 6
Continuing in my series on the Economics of Airline Miles, I bring to you an article on the depreciation or loss of value of Airline Miles.
Just like money, airline miles depreciate. Depreciation can occur due to multiple factors. This article goes into multiple factors that cause this depreciation and their impact on us, the travelers.
Issue more miles:
When the US Federal Reserve prints more money and puts it in the market, it reduces the value of all the dollars that are already in …