It's a panic nerf brought on by poor foresight and not consulting the players and working closely with them at large. Any decent designer should have foreseen this issue with skill injects, and we as a player base (and CCP) have known about the lack of isk sinks since we actually had a real economist working with us (I miss his posts too). We have literally had YEARS to deal with the fact empires pay bounties out of thin air and we've never had close to a balanced amount of isk sinks to destroy that isk generated. It has always been a problem, it's just gone from a steady inflation to a rapid inflation with the ability to instantly train into whatever faucet you want to tap if you can get the resources ($$$). This means it's no longer a multi-month process for an elite to switch gears and tap a faucet or expand a faucet tap. The changes proposed in patch aren't going to fix that - just buy a little time at the expense of every player.

We need real solutions. Many have been proposed some of the best include closing the isk cycle so that bounties come from taxes - and then IF isk starts running low more can be secretly added to the pool behind the curtains.