Even if you set the inflation at 1%, you still have
- SBD's being converted, creating more steem at these low prices
- Steemt Inc Selling off their ninja mined steem
The Steemit Inc selling is like having an additional +10%+ baked in inflation.
Also with an inflation at 1%, it's going to incentivize the content creators and witnesses to do even less things, since their paychecks will be almost 90% lower than at an inflation of 9%.
RE: Real Talk: The Future of Steem