a stable currency should be a long term goal but when the amount of coins is limited is that even realistic? Since steemit and steem are in the early stages, how do you peg that when we have millions of users and investors AND it's limited in amount? Forgive me if my economics are lackinghere..
I think the long term goal of two currencies should be to keep one stable so an economy can grow within the platform.
BUT that isn't much of a priority right now as that inner economy hasn't yet developed much and the current situation is GREAT for minnows like me, and for the platform as it's creating a healthy middle class.
So I vote "do nothing" for now and set up a kind of "gradual stabilization plan" if this is possible. Is it possible to "print more steem" or is that something we can't or really don't want to do?
RE: The benefits of inaction: a defense of a high SBD.