<story><title>Things Delta told the SEC about its SkyMiles program</title><url>https://viewfromthewing.com/5-things-delta-told-the-sec-about-its-skymiles-program/</url></story><parent_chain><item><author>coolspot</author><text>You can stop mile inflation by redeeming them for dollar-denominated delta gift cards. They never expire.</text></item><item><author>sersi</author><text>Yup, and unfortunately with covid, it&amp;#x27;s very very difficult to use miles :)</text></item><item><author>supernova87a</author><text>Except, Delta (and every airline) can arbitrarily control the redemption rate (speed) of their currency being used, and the conversion rate.  And have been devaluing that currency steadily over the years.   Don&amp;#x27;t hoard FF miles, it&amp;#x27;s a losing game.</text></item></parent_chain><comment><author>choeger</author><text>Airberlin issued Amazon gift cards back in the day. They were essentially as good as cash. In an unrelated story, airberlin went bankrupt shortly afterwards...</text></comment>
<story><title>Things Delta told the SEC about its SkyMiles program</title><url>https://viewfromthewing.com/5-things-delta-told-the-sec-about-its-skymiles-program/</url></story><parent_chain><item><author>coolspot</author><text>You can stop mile inflation by redeeming them for dollar-denominated delta gift cards. They never expire.</text></item><item><author>sersi</author><text>Yup, and unfortunately with covid, it&amp;#x27;s very very difficult to use miles :)</text></item><item><author>supernova87a</author><text>Except, Delta (and every airline) can arbitrarily control the redemption rate (speed) of their currency being used, and the conversion rate.  And have been devaluing that currency steadily over the years.   Don&amp;#x27;t hoard FF miles, it&amp;#x27;s a losing game.</text></item></parent_chain><comment><author>nostromo</author><text>The dollar is losing 8% a year of purchasing power at the moment.</text></comment>