I think what you're saying is only right during the growth phase of the company, while you are still attracting new users. It's sort of like a ponzi scheme; it doesn't work if you don't keep having new people (money) come. Once this is a steady-state ecosystem inflation will simply be draining people's money because the share price is not rising enough to counteract it. I can't help but thinking I'm right because no real company operates on an inflation model.
Shares in a company are, literally, issuing of company equity in order to grow.
Every single publically traded company in the world has issued stock in order to get money in order to grow. Thats what stock is.
Tons of companies continually issue more stock every year in order to fuel growth. Every company in the world that gives its employees stock options or stock is inflating its share supply in order to hire talent, in order to grow.
An increasing share supply is the *normal* state of companies. Normal, every day companies that you see listed on the stock exchanges.
That said, yes, of course we would like for the supply of bitshares to eventually be shrinking! Most companies would love to reach a state where they are able to buy back more shares than they issue, and reduce share counts overtime. This is the goal once we become big, and the amount of dilution needed to grow is small because the market cap is big, and shares are being burned due to transaction fees, etc. We want to reach that point eventually. But for now, it is better to inflate a little to grow fast, than to not inflate and grow slowly or not be able to pay for developers.