Was this the blog – a passion for sharing compact print?
When I lived in Washington in 2002, a group of people I knew began political blogs, but I didn’t feel that I had something special to say that nobody said in this space. I thought what people ask me about? I just started to write travel tips. One weekend in May I created a free account at blogspot.com and started writing for, you know, 30 people, and then 500, and then 1000. Last month, in June, the blog traffic fell slightly to 5.5 million visitors, but in March it was 7.5 million.
All right, let’s talk about numbers. Each point system seems a little different than the last one. It is complex to know what, say, 100,000 miles is really worth when it comes to every loyalty program. What is your method?
So I have an idea of the value of every currency. For example, I value Marriott Point at 65 base points, and Hilton Point at around 40 or 45, which is more or less the place where I value IHG point, while I value Hyatt Point at 1.4 cents, which is around what I value the American and a united mile. I value a mile of delta around a penny, a virgin around nine tenth cents.
Using these indicators usually, how do you fully employ your miles?
You want to think about the value of miles as a private currency. There is no central bank and will be subject to a given price. The simplest model of this is the same type of analysis that you would do with currency inflation issued by the government. Take a plain monetarist formula, MV equals PQ. The amount of money during the speed of speed or speed at which it is spent will be equivalent to Q quantities Q, quantity, quantity of goods in the IP economy, price level, right?
Yes, true. I knew about it.
The price is affected by the number of places on the aircraft. Airlines have become quite good in what they call the discipline of capacity, not flying flights that they do not sell. They print many more miles than they are mentioned in a given year and there are many more ways to get miles.
How to start a novice?
Don’t leave miles on the table. Register in programs. Follow your points. I employ PrizeBut follow your accounts, but you want to do it. Cover the account number by buying something online and go through a shopping portal. Maximize this when comparing portals, regardless of whether it is something like Savewise or a cash return monitor.
You sound like someone who, like every good hacker, knows Microsoft Excel.
I really don’t employ spreadsheets. I have a really good memory and I have been paying attention to these things for almost 30 years.