ok, i see what you're saying
since the elastic "reward-pool" is proportional to the ratio of "powered-up" and "not-powered-up" tokens - burning the "not-powered-up" tokens would move this ratio in the direction of increasing the percentage of "powered-up" tokens
and this would increase the total payout award for upvotes per cycle
which would increase AVAILABLE SUPPLY in ACTIVE ACCOUNTS
basically, it would increase INFLATION
Sort of, first inflation would decrease because total supply decreases post burn, since the 9% APR is of the total supply.
But since there will be less liquid to powered up blurt ratio the reward pool will operate at a higher output and help bring levels to the same daily rate as before the burn, we can also tweak APR upwards if needed to get back to current daily rate of payout.
so, it's a wash ?
If by wash you mean maintaining the rewards pool status quo then yeah it’s a wash, we will try our best to tweak things to keep current or better levels for social and witness rewards.
stability is key