Free As In Frequent Flyer Miles


by kottke.org

kottke.org— Buried deep within Jamie Lauren Keiles’ NY Times article about frequent flyer miles and The Points Guy is this economic observation: A major reason points-and-miles trips exist is because airlines turn a more stable profit by minting their own currencies than by selling actual airline seats. The flight seems almost ancillary to the financial transaction it enables — a trend across the whole economy, where the selling of goods or services serves to enable the collection of data, the absorption...

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