Hive account@ntomaino The inflation of the Steem system works out like this:

• Steem 100% inflation a year (that's massive)
• SteemPower 5% inflation a year, only if you continue producing content. What happens if you have a stroke and are disabled for two years? Yes, this happened to a close friend of mine and it's a reminder that some people need a currency that holds value while they recover. SteemPower wouldn't protect them.
• SteemDollars subject to the Fed's inflation rate. Let me know how trusting them works out.

Ultimately, most people don't get why inflation matters because they are told by mainstream media inflation is good. Steem will be a great lesson for many people who will learn why inflation does matter. For this reason though, Synereo does have a better model for Venture Capitalists and people who grasp basic economics. It will be interesting to see how well it does and how it handles challenges as they arise.