Inflation is only bad when it greatly outstrips demand.
On a side note, people weren't wanting to lower the inflation rate to increase the market cap, they wanted to lower it to increase each individual coin's price. Though technically you would have to raise the market cap to see the price per coin go up.
Right, so the market cap stays the same but the token price goes up 5% max? That's not what people want but they somehow delude themselves into thinking lowering inflation by 5% = moon.
Exactly, and to what end?
Because they think they will make more money, which they clearly will not.
In fact, they will lose money. Guaranteed.
Everyone will, because our inflation is one of the best parts about the network.