Yes, definitely in the short term the effect is to decrease the non-big accounts get. However, it does give some reason (albeit small at the moment) to use the author earnings to power up rather than to sell.

Anyway, I only know that economies are much more complex and non-linear systems than what many expect. I only know that there will be unexpected results, quite probably not the ones we expect... And that I just have no idea!

... Which does lead me to wonder why an economist or two isn't consulted about these economic changes? It appears that in the crypto space (not just Steem) we fall into the trap that there are easy and simplistic cause and effect...but that is off topic, just interesting (and not a comment on you, just digressing...).