My understanding is that the author believed that inflation-resistant stablecoin is possible and well needed, but isn't inflation-resistant stablecoin impossible?
If the supply drops, inflation happens, every currency that can be used in trading is affected, included crypto coins.
On the other hand, if a crypto coin is not being traded, it's possible that its price wouldn't be impacted by inflation, then why would anyone need a coin that can't be traded.
My question is, how can an inflation-resistant stablecoin can possibly be designed?