yeah, that makes steem look hyperinflation. I think the code should change to
1SBD = 1 Steem if price under 1$ (With enough Time people can use there SBD know.). If higher there are backed.

We dont need atm a backed $ in Steem, it makes only pressure on the price.

can you make a Time / Steem graph? i think last year we had 100 Million less?