whatever the reason it is increasing, if it is increasing faster than the powerdown 1/104, then you will accumulate more STEEM power (while your Mv is dropping), but it does seem that if the powerdown is liquidating everything after 104 weeks it wont work. so to achieve the stated effect, I think you would need to powerdown for 8 days, cancel it and powerdown again to recalibrate the 1/104 to the new total
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At the moment the inflation rate for steem is about 300% from what I understand. I think it's supposed to be like that for around 1 year and will decrease slowly after that. I think this will affect how much you get when powering down compared to how much it increases.
Steem power isnt a thing. Its an estimate of the steem value of the vests youre holding.
You're not powering down steem, you're powering down vests... and the value of the vests is increasing. Because of that, your weekly powerdown will increase... If i understand the way the growth works, your last payment should be approximately 3.5 times larger than your first one.
IE, if you have 104M vests, and start a power down, youll power down 1M vests a week. Assuming you make no additional vests, you will have zero vests at the end of 104 weeks.... The increasing exchange rate will just make your weekly steem payments increase.
If youre interested, here are a couple posts i wrote about how vests, steem, etc interrelate.
https://steemit.com/interest/@sigmajin/understanding-the-steem-economic-system-vests-sbd-steem-dilution-interest-and-all-those-crazy-things
https://steemit.com/economics/@chiefjay/where-does-the-money-come-from-part-2-of-my-steem-economic-model
yes, this is my understanding and what I wrote