<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by hfly:
Remember this can be the best business in the world (externally in the mile selling business). You create a currency. You SELL the currency (which is purely electronic) to other companies at a huge profit. If it is redeemed you still make a profit. If it lays fallow for more than 3 years, you VOID it pocket all the profit.
It's like the FED!!!!</font>
After 15+ years in the manufacturing world I've finally, and somewhat belatedly, come to the realization that I'm in the wrong business. I wonder if the airlines would let me open a "miles bank" complete with deposits, loans, and full transfers between accounts? Accounts inactive for 36 months get closed and balances revert to the house
