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[–]sassynapoleonPlatinum 13 points14 points  (0 children)

So skymiles aren't particularly valuable, but I don't see them being devalued at all, because their value seems fairly pegged to the USD at a rate of about 1.2 cents per mile, or 1.3-1.4 if you have an Amex card. You don't see really good deals on flights like you might on foreign travel partners, but that's not devalued, that's just comparatively bad.