ETH doesn't have a supply limit, help me understand why this doesn't matter

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ETH doesn\'t have a supply limit, help me understand why this doesn\'t matter
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I've been very interested in coins with utility. Ethereum is one of them, but the lack of a limited supply is quite interesting to me. As I understand, ether is used as gas to run the ethereum network. So ethereum is consumed, but at a slower rate than it is created? I'm having trouble figuring this one out. Thanks in advance!
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