Snow: The token supply can grow (if speculators drive up the price) until the price stabilizes. And the token supply can fall (if speculators drive the price down) until the price stabilizes. But in both cases, the stable price is when the value of the token matches the money real applications are spending to buy Entry Credits in order to put data into the protocol. That is because the 73K factoids generated each year naturally trends to the value of the factoids drained from the supply to write into the protocol. If people are spending 1 million dollars to put data into factom per year, then 73K factoids should be worth 1 million dollars.
So ... it appears that the price of Factoids is directly related to the extent of their real-world use.
Once again, confusion over whether the inflation is 73K Factoids per year (as quoted here) or per month (as widely quoted elsewhere). Until somebody corrects me, I'm going to use an inflation rate of 73K Factoids per month = 876K Factoids per year. Sadly, this makes us all 12 times poorer than Paul would suggest once M3 kicks in.