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RE: How Steem's Inflation Works

Wow. That was a great video. You took something complex and broke it down for the common man to understand. I'd also add that typically, an increased user base is deflationary. For example, the US Govt. prints more money than any entity in the world, but they are constantly forcing other countries to adopt the dollar the as a reserve (ultimately they are forcing other countries to buy oil and resources in the dollar), and forcing others to use the dollar, the inflation is offset by a new user base. With Steem the voluntary adoption of the currency / increased user base (by both Steemit users and speculators) will further offset the inflation.