Nope. You are confusing Steem to SBD (Steem Dollars). SBD is tied to the USD for stability. Steem is free to move in either direction. It however has an unlimited supply and thus, inflation % is high causing the value of steem to decrease yearly. The rise in value of steem will depend on usability and a sharp increase in demand of the cryptocurrency along with a few other things.
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Thank you for clarifying that.