As things stand now, 
@freedom's account is increasing faster than inflation (I did a quick one-day estimate at about 11.4%; this is rough and may be low if some delegations don't pay every day). It is also possible there are off-chain payments or payments to another account which make the rate even higher.
Distributing more stake with votes makes large accounts more powerful, not less.
RE: How viable is Steem as a currency as the Steem network must constantly create tokens to reward bloggers and enable votes (causing lots of inflation)?