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RE: Where does all the money come from on Steemit fully answered -- Can it continue? -- Absolutely yes!
There is no scarcity. The amount of coins increase with each block produced.
And there is no limit to How much coins can be produced.
The table above shows 23 M coins produced the 1st year and only 6 M produced in the last year. That makes them far more scarce in the future. I still don't understand why you think there will be MORE coins produced when the table shows otherwise. With more demand for the coins, the coins produced would be spread out even thinner than now. With constant inflation, and supposing it was the ONLY coin in circulation, the value of each coin would become deflated and saving would be counter-productive just like fiat money. Of course I would likely be dead by then, so it wouldn't affect me as much as future generations.