It isn't being removed altogether, just the amount created to pay rewards and the amount in circulation is being reduced. (There was some discussion about removing it altogether but there is no current plan to do so.) It is a natural consequence of STEEM's price dropping (since SBD is backed by STEEM, if STEEM is worth less then you can't have as much SBD) so in that sense the two issues mentioned in the post are really the same (declining value of the coin).
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Ah I see... that makes sense. For some reason I had read it differently then that in the post. Thanks for the explanation!