Steem Dollars have no value

Can some help and explain where the value of having Steem dollars is because i can see no value

The current price is $9.42 Crazy

When you think about the current details

Its inflation currency more dollars are product every year.

More dollars are created by people posting content

More dollars everyday created means less of limited resources and more diluted value

Steem Dollars gives no currently what i see as no saving on your account 0%APR

They have to be changed into other Crypto Currency to be spend

So currently i see Steem Dollars as having no value and no reason for existence

If you got interest on holding them there might be a reason to hold them but there is more produced every year so long term pointless inflationary

the only reason for this price is the great fool theory u think it will rise and you can sell higher

Let me know if i am right or wrong thanks