Someone should offer to take them off his hands. I think there's a word for people who pay money for these "credit card points" and then use them to book flights for other people. Is it "mileage broker", maybe? 
What are you talking about, this industry was also hit and price for points decreased immensely. Here's where CSR comes in so greatly, 1.5 regardless and the relative security that it can't get devalued lower.