They are printing more Steem Dollars almost every day! Take a look at the circulating supply, before the price pump it was only around 3 million SBD in circulation but now at the time of writing this comment is exactly 7,815,700 SBD.
Minnows with less Steem Power, like me, are the most affected by this measure. They should've let the market decides the fate of SBD until the Steem price increases significantly. I don't see a considerable number of merchants accepting Steem Dollars after all.
On a side note, I am looking forward for the listing of Steem Dollars to follow on the great Binance exchange--so I can sell them directly into BTC and buy some other alt-coins.