Why would we want HBD price to rise?

Well, a lot of old whales have a lot of HBD on their accounts... need a better reason?

We're creating "scarcity" by printing more tokens?

No, you are creating a fake scarcity, promising to pay people if they take the coin out of circulation. This leads to people buying more because they think they will "earn" more, increasing demand, pushing price up.

Pretty basic economic dynamic there.

The price is already too high we are trying to lower it to the peg.

hahahhaa

Seriously. Go read a economy 101 book.