I agree that inflation needs to be addressed sooner rather than later. with relays above 100M a day, inflation is close to 200% apr. If relays continue to climb, which we all hope they do, inflation will get out of control.
What we want to avoid are large cratering events in which price gets absolutely nuked due to too many free tokens printed, causing panic and mass unstaking of nodes in a reflexive cycle.
Just because price is not reacting to high inflation now does not mean we should not prepare for it. otc is illiquid and we do not know how markets will behave with liquidity.