If anything, you finally made me realise why deflation is not a good thing - so kudos for that :)
However, wouldn't it be healthy if an asset (who uses HIVE or crypto on the regular as a "currency"?) experienced a slow deflation over time? Enough to encourage trust and HODLing, but not so much that "I can't sell today - it might be worth twice in a month!" ?
In my head this makes for a healthier ecosystem than this persistent inflation model we see in fiat. (Regardless of "healthy" inflation levels or not)
RE: Hive's RC system is deflationary.