This quantified notion of moneyness is most importantly used in defining the "relative" volatility surface: the implied volatility in terms of moneyness, rather than absolute price.
Initially yield management avoided the complexity caused by the interaction of absolute price and price position by using surrogates for price such as booking class.
This printing however will actually make things worse since it alters relative and absolute prices, causing a greater divergence between what society wants to be produced and what is produced.