But at least I'm happy that you consider block size just as well a hard economic parameter as inflation rate. I think that the block size limit as an economic parameter, introducing scarcity of transaction room, was a stupid thing to do in bitcoin's design, but so is its inflation rate. So, bitcoin being designed as a system with a scarce and finite number of coins, I don't see the problem with bitcoin as a system with a finite and scarce number of transactions per unit of time. I have to say I think the economic model of both is stupid if the idea was to make a currency, but then, that's how bitcoin was designed, and I think that is the way it should live its life. The economic design looks more like the one for "exclusive famous paintings" which are rare to come by, and difficult to transact, in other words, a kind of highly speculative and not very liquid asset with high price that is rarely moved, and only to move big amounts of value (not a currency at all, but a "settlement layer for rich guys doing things where fiat cannot go").
This is a typical error that people make. First of all, a block have nothing to do with economics. It is an accountancy thing. Double book-keeping with 2 columns; Expenditure and Income. In Bitcoin it is; Input and Output. The original blocksize was 32mb and the 1mb was temporary anti-spam measure. A company does not limited its sales according to the double book-keeping size. Sales are limited by the goods/services they have on offer - economic. The original limit of 32mb was a good one and allows adoptions to grow naturally over a decade or more before reaching the limit. Thus there is plenty of time to solve the capacity/scaling issue before the limit is reached.
The stubbornness and refusal to raise the limit created a side effect of bad business policy - scarcity in the accounts and not goods/services. Thus the economic scarcity arguments comes after the principles of accountancy.
Thus a block is an accountancy thing and when that is limited it becomes an economic thing. The stupid thing is not raising the limit. It wasn't the original design.
I do wish people on here studied accountancy like myself, then people would have a better understanding of Bitcoin.