FlyerTalk Forums - View Single Post - Are all "points as good as cash" loyalty programs inevitably doomed?
Old Feb 16, 2015 | 5:40 pm
  #15  
srdshelly
15 Years on Site
 
Join Date: Jan 2007
Programs: Many
Posts: 339
Tell me why, from an economics perspective, they should not massively devalue?[/QUOTE]

They want to keep a relationship with the banks?
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