Well that's not fair IMO if you look at the toolset and infrastructure they have built it is pretty phenomenal. Unfortunately the inflation rate is too high and the market capitalization is becoming increasingly hollow as there is obviously not enough buy support that can stabilize the value of the currency. They could have used some of that $$ to hire a competent market analyst who could have told them this early on.
Buy walls are getting obliterated right now on this sudden realization.
Better fork the code and fix this ASAP.
The problem is not as much as the supply is too high, the problem is that the demand is too low because not meaningful Dapps are out there to consume Eth. It will come in time. Nevertheless, for a coin that produced 1.5 Millions ETH over the last two months, + the millions of ETH purchased last year, I am amazed that it is still trading at double the purchase price of 2014.
Guys, this isn't very difficult to wrap heads around. Currently, most cryptocurrencies can be divided down to 8 decimal places of resolution. This means you don't need high inflation because every single unit itself is a currency measurement. Satoshi knew this quite well and created Bitcoin with that in mind.
If you want high inflation then you need a robust economy to absorb the money supply. That is certainly not the case with Ethereum at the moment... and it is entirely speculation if there will ever be a robust economy around Ether.