I am not trying to be flippant. I just don't 100% agree with your viewpoint.
Yes, if the price of HBD stays above $1.00 USD forever there will never be any (smart) HBD->HIVE conversions. But that is not now the system was designed to function. I don't agree if your premise is that we should try to keep HBD above $1.00 for as long as possible to prevent any conversions.
It will likely go below $1.00 at some point on it's own and then we will be in the same situation. More likely in the scenario when it happens on it's own though, it will be during a bear market and then the problem you are worried about will be worse than if we "cause" it to happen while a bull market is taking place.
We are also not trying to force HBD below $1.00. Just bring it down to where it is at $1.00, which is it's intended purpose.
Also, if you look at the actual data for what has been happening under this effort, HIVE has actually been being deflated as a result of the mechanics of the hbdstabilizer. We are actually trying to help fix the problem that you are concerned about, we are just going about it in a different way.