@mattodell insane how short sighted fiddling with monetary policy is.
if 60% of ETH are staked, and ETH grows at 3% a year, you'd need 21% inflation to give stakers a 15% yield (the minimum any serious allocator would demand for an asset on that risk spectrum)
it is inevitable that high inflation is reintroduced
I'm curious, where do you get the 60% stake number from? Are there are POS systems deployed that can be used as a reference for a percentage of coins staked?
Interesting to consider the rate of issuance would affect % of coins staked. I hadn't thought about that before, but it seems obvious now
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