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RE: Steem is a River, SBD is Bottled Water and Steem Power is a Dam
I do like your model, it's enlightening indeed. I do realize that high inflation might seem scary for someone who isn't used to it.
But I would estimate that inflation we had in Russia during 2000-2005 was even higher than todays Steem inflation rate - and that was period of the fastest economic growth at the same time.
Absolutely true about the inflation. It's not the speed of the printing money itself that should be worrying, but the lack of use for the printed money.
If the platform is generating a lot of supply and that supply gets "burned", or consistently and satisfyingly transferred into something else equally fast, then we don't have a problem. On the contrary, we have a solution.