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RE: Summarized Explanation for the Falling Price of Steem

in #steem9 years ago

The inflation to reward content and miner is about 10% why is the inflation 300% ?
There is a lot of unecessary inflation right now.
If the inflation could be 10% per year every year trader would be able to speculate on the currency and increase its value, as it is now nobody is interested to buy such hyperinflated currency
I wrote a post about this here https://steemit.com/steemit/@snowflake/why-not-inflate-steem-by-only-10-or-whatever-reward-pool-is-instead-of-having-this-crazy-printing-going-on