There is something broken within steem ecosystem. Steem inflation as per plan should be less than 10%. But when I did comuptation using data from CMC then I find that actual inflation for steem is 24% and for SBD is -49%.

Steem Inflation Computations

SBD Inflation Computations

This much inflation is not sustainable. And it is the primary reason for steem prices to continuously dropping. There is immediate need to reduce steem inflation to reenergize the steem ecosystem.