Over the last 3 months there has been STEEM inflation (new STEEM printed) caused by SBD conversion to the tune of over 11 Million STEEM.

The SBD supply was artificially manipulated to flood the market with SBD to put downwards pressure of the SBD price with devastating consequences.

That SBD conversion (STEEM Inflation) over the last 3 months alone is equivalent to 1/3 of the Steemit Inc power down.

Most everyone is complaining about Steemit Inc power down while they don't even realize that there is a problem with printing of SBD.