Right, but I phrased my question poorly. What I meant to ask is that if let's say 100 HBD is created for APR interest payments, or 100 HBD is paid out from the DHF, then this 100 HBD basically increases the virtual supply. So, on top of the 100 HBD created, we now have regular programmatic inflation based off of the higher virtual supply.
So let's say tomorrow someone came in and bought HIVE and turned it into 100 million HBD. Then this 100 million HBD is now like a fixed part of the virtual supply, independent of the price of HIVE. So now we have regular programmatic inflation based on this increased virtual supply. (Even if the price of HIVE goes down, the virtual supply will still remain increased.)
Does this sound right?