Great post! Though I would phrase the Steem Power dynamic differently. Steem Power is not a currency so it is incapable of inflating or deflating. It is a direct, 1-to-1 IOU for the cryptocurrency (which would more accurately be described in this system as a crypto-commodity-money) called Steem. As more Steem are generated by the Steem algorithm, more IOUs can be distributed. The majority of those IOUs take the form of Steem Power. But just because IOUs are distributed, that does not mean that the underlying commodity-money will inflate or deflate in value just like distributing derivatives (which technically Steem Dollars and Steem Power ARE) does not necessarily create inflation. The question is whether the growing population and the value it produces will create sufficient demand for the underlying Steem to counter the increasing money supply. The fact that none of the criticisms of Steem involve productivity or population growth shows how unsophisticated they are. Video about this coming shortly :)