I will let an economist decide best course of action.

This variant combines a responsible reduction of inflation with active incentives to use and build on Polkadot, making DOT more valuable and the ecosystem healthier in the long term. We like this variant the most.

Better to have an expert decide what is better for this.

This is less than slapping a band aid to someone who has already lost an arm.

What happens to MILLIONS of DOT already procured through high-inflation years? Are we going to retroactively burn the staking rewards they accrued so far?

To my mind, DOT was never to capture or store value at all, the whole NPoS rests on that fact. Parachains were always supposed to capture value instead but since this hasn't happened we're dealing with half baked ideas to "make DOT great again". None of which address the actual problem.

Will let tokenholders weigh in

I will let an economist decide best course of action, but I agree with that reducing inflation is right.

I would like this to be decided by the community, and I would also like to receive comments and evaluations from experts in the field.