Is Kaspa deflationary?

Is Kaspa truly deflationary in nature?" I pose this question with a keen interest in understanding the intricacies of this cryptocurrency. The term "deflationary" often conjures images of falling prices and increasing value, but in the context of Kaspa, what does it really mean? Does it refer to a constant decrease in the supply of Kaspa coins, thereby potentially driving up their value? Or does it have a broader economic interpretation, related to the overall health and stability of the Kaspa ecosystem? As a cryptocurrency enthusiast, I'm eager to delve deeper into this topic and gain a clearer understanding of Kaspa's deflationary characteristics, if any. Your insights would be greatly appreciated.