Yeah, new $HIVE token is minted every 3 seconds... this is what pays for the rewards we all get, and pays the developers for improving code on the blockchain, pays the witnesses for running the blockchain code and also pays everyone for staking $HIVE tokens as Hive Power.
Fortunately, the $HIVE that's created every day is just a fraction of what's traded every day... people still seem to be buying the token every day, even though the supply keeps increasing... so that's good... until people stop.