Originally Posted by
GUWonder
The value of an old mile is going up for the airlines -- so they want to devalue them. For the consumers, couldn't the OP's argument be summarized as wishful thinking that short-lived anomaly will persist for longer than the airlines want it to last?
That's the way I see it.
One might make the argument that the 'value of a mile' has increased a bit for redemptions on certain routes that have increased in price of late. However, that shouldn't encourage hoarding, but, rather, should make burning make that much more sense.