Depends on where the coins are going.
If the inflation is going to sellers the price is gonna drop.
If it goes into sp, steem is the petrodollar, a check that gets cashed later, if ever.

How we kick the next pump off idk, but 350m coins is a drop in a quadrillion dollar borderless monetary bucket.
It will be like expecting 15m sbd to serve one to one for all the usd in circulation.

I only see ending the reward pool as a very long play on steem, but I think the gambit gets enough blowback to kill the coin far into the foreseeable future.
Lots of very vocal people will be upset.
We are just now getting over being mad about the kneecappening.

Unless we start making some regular people happy they came here we are doomed, imo.
Bch is close enough to being free that we can't compete on just terms of fees, and because they are easier to use and more widely accepted, we likely lose.
We need to be attractive to our niche.

You can't, though, because others can downvote.

It seemed to work just fine for a number of leading lights.

I know that keeping lists to track every expenditure, publicising the lists, and organizing flags for disapproved disbursements may be a drag, but if we are to control the abusive dumping it will first need a handle.
I'd read a list of what everybody's to/from exchanges totals were, and I'd bet I see lots of the golden children with large negative balances.
Millions of usd to folks that left us zero value.

Ultimately, to be successful the largest holders are gonna have to do that, and only that.
The value in sp comes from being part of the community actively, for the masses, but the 1%, and maybe 10%, will need to keep their greedy grubbies off the pool.

Unless the crowd, or the reward pool, becomes more friendly towards the newbs we are unlikely to retain new users.

We had a chance to avalanche down the hill, but stinc took that away by kneecapping us with linear rewards and going on a two year walkabout.
I wish that hadn't happened, but here we are.
Our benefit of the doubt wasted.
Now we actually have to make the numbers work.
That begins with the top 100 accounts taking out less and holding more, imo.
Barring the top 70 accounts voting, we could bring back the n2, or at least adjust the 20steem curve to 5.

I see your name in penguin pablo's lists, you having doubts about our ability to overcome our internal moles?