I am not talking about "circulating Steem," I am talking about Steem supply. Since SBD is meant to track the USD its inflation rate can understandably fluctuate. I am talking about the supply of Steem. Increase in money supply is the definition of inflation and the inflation rate of Steem is currently 36% a year. Not a recipe for success as a currency.
RE: Is Steem Hyperinflating? Update