Did you even read the white paper because if you did, you would never make this statement.
That means when I hold $100 in my account for a year, and the fed creates 2% "new money" in that year, my $100's real value is reduced to $98
This is incorrect....those who are hold SP do not lose anything to the inflation rate.
y comment is clear. "the content posted on Steemit in a year" "6.5% of the investment money is distributed in a single year as rewards to authors and curators."?
People are not Steemit authors or curators. They are steem authors and curators. You are using steemit...fine. What about those using busy.org.? They are paid from the same reward pool...Why is that? Because it is written the blockchain. It is all shared. The content creators on D.Tube, which I believe is growing at a bigger rate than steemit, also share in that.
So I do not know how you attribute all that money going Steemit.