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RE: Why STEEM Is Destined To Succeed!!!
From the Blue Paper:
The rate that new tokens are generated was set to 9.5% per year starting in December 2016, and decreases at a rate of 0.01% every 250,000 blocks, or about 0.5% per year. The inflation will continue decreasing at this rate until it reaches 0.95%, after a period of approximately 20.5 years.
The current inflation rate is 8.7663% (from https://steemdb.com/)