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100% agree. Very one sided and all about marketing. They shouldn't pretend otherwise but they do and I can't disagree that it is legit, if you accept that it is all about marketing and nothing about Loyalty. Every devaluation is somehow an "improvement". The rate of CPI or inflation for points...

I disagree. So should every decent economist. Currency loses value. Money doesn't. There is a subtle difference. If you use the "time is money" principle it becomes clearer. Currency treated like money doesn't either, it accrues interest or is spent, either on capital, which increases in...

Money does not reduce in value over time. The amount of currency increases over time. That's why it's called inflation, and why actual money ($/hr worked, an ounce of gold, real estate) go up in dollar terms over time. If programs want to devalue their currencies then they need to pay interest...

Hey, I get that they're not exactly comparable, but 320,000 points doesn't work out even remotely equivalent to $50. To be fair, cash today for that route works out to $2,535 = 0.693c/point - In 1998 I think on sale it was about $900 so less $50, even worst case for 38,000 points works out...

What still annoys me the most is that the cost has skyrocketed while the earn rates have dropped to virtually nothing. In Nov 1998, back when you earned per km, not per mile then discounted for class, I flew QF PER-MEL-SYD-BNE-PER for 38,000 points from memory (could have been 42,000, it was a...

Agreed. Just got back from DXB last night flying PER-DXB-JFK-DXB-PER. EK in Y. Stayed 3 nights following on from a trip to New York and points north. First time my wife and I had been to DXB and we were careful because she takes a lot of various medications at times. So we made sure we didnt...

Once when I was PS but had paid for QP membership I was checking in for JHB-VicFalls and was asked where we would like to sit. I said "somewhere up the front will be fine" and we got 2A & 2B, but didnt realise it was an opup until boarding. Nice. Return flight was the day of the glasgow bombing...