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It is amazing how hard it is for people to wrap their heads around this concept independent of what the rate happens to be, isn't it?

That's because some people have been pushing the narrative that you earn interest when powered up . It is a deceptive behaviour and blatant lie and people have been perpetuated it.
If the inflation was reduced to the lowest possible people 's balance would remain the same but they would have a more honest interpretation of the share they own and they would probably understand the system much better. One of the reason that investors dont like steem is that they dont understand it and i can tell you that 80% of the people here are very confused about how the system works, Ive read some pretty hillarious shit.

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