Nailed it man!! Absolutely agree with you on the raising the debt ceiling to 10% and only reducing the SBD print rate between 9 and 10%.
I commented on the HF 20 change on Discord the other day...
It's just going to put a band-aid on and wait for a bigger bust to come later, or they'll have to keep on raising the debt ceiling. One of the big problems is that SBD is trade-able on the external exchanges too.
Thanks @bmj I think it's a "band-aid" solution too and I don't think it really solves anything. It just allows a bigger boom and a bigger bust next time around. They'd be better off improving the actual peg mechanism and removing the speculative appeal of SBD altogether.