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Old Jul 17, 2006 | 11:52 am
  #50  
tjl
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Originally Posted by Skillet
These elite deals are not guaranteed either, however. The Economist keeps writing that FF miles are the most over valued currency in the world, so there is a risk of devaluation
Devaluation can occur by having very tight capacity controls on "saver" awards. You may have enough miles for an award, but there may never be seats available for such awards when you want to go somewhere.
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