There is no debate, just me trying to convince others:
It has been my opinion for sometime that Steem Dollars (and now Hive Dollars) inflation (Austrian definition) should stop completely until the Hive/HBD market-cap ratio exceeds 19 Hive for every HBD and should stop again when the ratio drops to or below 19 Hive for every HBD. Then have some relation between so the number of dollars issuance starts to diminish at say 25 Hive for every HBD.
These 19 and 25 could be a witness parameter, rather than these constants. If these values are set to 9 and 9, it is what we have today.
Should this be done, HBD could become a credible pegged currency. That's not such a high expectation though is it? Interest given to Hive Dollars in savings when they are super-dollar would also help control when it gets too high.
What does @blocktrades think? I am curios as well.
RE: 1st update of 2021 on BlockTrades work on Hive software