Wait, isn't this bad? The stabilizer is kind of working against itself here. It converts HBD to Hive to keep HBD at peg, but by creating more Hive it is increasing the inflation and contributing to the lowering of Hive's value, which then makes it convert even more HBD. This is like a bad snowball effect, or flywheel then.

Is a bull run the only way we can fix this? Did lowering the HBD APR made things worse? The stabilizer converted 1.1M, but users converted 2.9M. I have seen a lot of posts/comments say they started converting more after the APR was lowered. Would returning the APR back to 20 percent help stop the bleeding?