I am not really opposed to “do nothing” at the current point in time, but I am not taking some of the other options off the table either. High SBD is good for all the reasons you state - and I totally agree, but the problem is when it goes the other way. When SBD is not being pumped, the main value proposition is that it is a stable currency. If that is no longer the view of SBD in investor’s eyes, it could unfortunately cause things to go the other way. We do need to make sure that we hold on to that, although a stable currency that occasionally has spikes up to 10x does not seem that bad of a value proposition either :)
RE: The benefits of inaction: a defense of a high SBD.