Well, it is normal people with a lot of Steem Power are powering down, don't you think ? I guess everyone would do the same. They probably want to get some return from their investment. But nevertheless they can't power down more than 1/104 a week. So a lot of Steem Power is stuck in the system. This makes the inflation a lot smaller than when you look at it at first sight, which was what I actually tried to explain with my post.

Moreover, powering down is not a problem. Selling off STEEM is. As long as they don't exagerate selling off STEEM, things should still be fine. But if they start dumping their STEEM, then STEEM will collapse, and so will their STEEM POWER and their project. The current drop in Steem price is not really a concern in my opinion. The surge to 4 $ was just an initial bubble. When equilibrium is reached, price should become stable.