It is important to note that you don't need an inflation-based reward pool to earn with your posts. Literally no other platform economy, let alone any successful ones, pay their users through inflating a currency. We're still early on in an experiment to learn if this is sustainable and can work at all.
While I won't claim to know for sure (although I do believe so), it is very possible that we end up realizing that using inflation and stake creates more harm than good:
But in any case, rewards doesn't have to come from inflation of STEEM. It can be an SMT like @geekgirl said, or even with liquid STEEM (my preferred option. Ideally, there would be an innate patrean-like model on Steem with liquid tokens, or allow communities to earn STEEM through ad-programs, community-related perks, promoted articles, and 20 other ideas I could mention. And then allow that liquid STEEM to be distributed as a community-specific reward pool where a portion goes to content creators and engager, and perhaps some to promote the community, or add features through a community-specific SPS. The options are many, and the reward pool using inflation is needed for nothing.
RE: What part of Steem would you never want to change? [Open discussion]