So I vote "do nothing" for now and set up a kind of "gradual stabilization plan" if this is possible. Is it possible to "print more steem" or is that something we can't or really don't want to do?

That would require a hardfork. No sane guy is going to do that to just peg SBD. Of course insane ideas like mine could promote something like it when I called for a hardfork when zeartul scammed people. Lol I was just making a point but we are not going to do anything likethat. Are we @timcliff ;)

So, we can't print more steem out of thin air. Daily about 20k SBD is printed. That's a very low amount to peg it now. It has gone so high that it will take at least a week to go back to its original price.

In fact, SBD might stay high for a much longer time if the pump kings keep on increasing the demand.