Smooth, I am addressing this question at you since you are a witness and seem to be knowledgable about steemit.

Why is 300% - 100% yearly inflation necessary when the actual inflation needed to reward content and miners is about 10% per year?

I wrote a post about this here https://steemit.com/steemit/@snowflake/5a2p2k-why-not-inflate-steem-by-only-10-or-whatever-reward-pool-is-instead-of-having-this-crazy-printing-going-on

If anyone else has an answer I'm all ears and yes I have already read the whitepaper.