First of all thank you very much for taking the time to answer this... And no worries that you almost missed it as I know you are busy. I think I understand, but if you don't mind confirming I got it right that would be great.

You have a mechanism in place that would allow you to buy steem and issue sbd on a 1 sbd to $1 of liquid steem basis. Therefore (if true) you theoretically can increase the supply of sbd to whatever is necessary to keep the price manageable and the consequence will be a reduction in the amount of steem outstanding.

I think I have it right and it makes sense as to how that could manage the price. I appreciate the lesson and the time. Also thank you for your support of #newbieresteemday post by @bashadow... He is a great guy and that was a good thing to see! Take care and have a great week!