FlyerTalk Forums - View Single Post - Isn't it Bass Ackwards to call SkyMiles SkyPesos?
Old Feb 8, 2011 | 2:47 pm
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Klm is Dead - Long Live KLM
 
Join Date: Jun 2005
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Isn't it Bass Ackwards to call SkyMiles SkyPesos?

Often on this forum, SkyMiles are referred to disparagingly as SkyPesos to indicate that they are devaluated or rapidly becoming worthless currency.

However, given the fact that the Mexican Peso seem to be dramatically outperforming the dollar of late, wouldn't it make more sense to call SkyMiles SkyDollars?

http://www.nytimes.com/2011/02/09/bu...al/09peso.html

Mexico’s peso is rapidly rising against the United States dollar...

The peso’s value began climbing last year and has increased more than 9 percent since the beginning of 2010. And now the trend is speeding up, with the peso having risen a full 3 percent so far this year alone.

As the exchange rate has dipped below 12 pesos to the dollar, the local press is full of speculation over what it calls “the superpeso.”
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