You don't have to be an expert on economics to understand what inflation is. Simply put, too many coins are being mined everyday with not enough buy support to sustain the existing new supply among the current supply. Until you have buyers (demand) for those new coins, price has no where to go but down. To ignore inflation or this very fact means you have been totally oblivious to the constant downward price action in your coin. But... if you are fine with that, continue disregarding inflation.
bitcoin, litecoin, and vertcoin are designed to have high inflation to allow early entrants in the first several years to get in at low cost, so the coin can hopefully be more widespread and effective as a currency. darkcoin (the coin you're primarily a proponent of based on your comment history) had a huge instamine, and then hard forked to change emission, so that almost 35% of the current coin supply (and almost 10% of the total coin supply) was mined in the first eight hours of the coin's life, then rewards were drastically reduced by hardfork. To be fair, vertcoin had it's own issues with instamine, likely due to poor difficulty retargeting when the hashrate was rapidly rising after the coin's release, resulting in 600k vtc being created in ~30 hours, but this is only about 5% of the current coin supply, and less than 1% of the total coin supply. vertcoin, however, didn't hardfork to reward the first day's miners (i.e., the dev(s)) with almost 35% of the current coin supply, like darkcoin did, giving themself/themselves an effective 10% premine.
