The rate is wrong. It's not 350% per year, it's 1% per day compounded = 3500% return per annum. Now THAT'S hyperinflation.
lol that certainly is but
a) it was supposed to be 350% (which for me is also hyper inflation) and they allegedly are trying to fix that issue of the error of the compounding effect.
b ) In December there were 12.5 M coins and now there are 14 M so thats an increase of 750,000 per month or approx 5% -6% per month when averaged out. The increase is unequally divided and the Prime controllers appear to be receiving an (overly) disproportianate share
Keep in mind that Prime Controllers did not stake at all for about a month due to some issues. So the inflation is higher than 5-6% per month and yes, PCs are getting a lot more than that.