Originally Posted by
Gberg
+1 points are a currency. Over time, prices go up and currencies devalue
Exactly. If you'd been hoarding dollars under a mattress for the last two years, you'd have lost purchasing power there too.
There was a phrase that got tossed around the UA/CO forums a lot during the merger WRT airline loyalty: "the brick does not love you back."
Perfectly sums up the relationship you should have with an airline.