Why does the Quantity of new ICP minted depend on the ICP price trend?

Maturity modulation was one of the more debated proposals of 2022.

It was first described by Dom here:

And then discussed here:

If you just want to know how it works without all of that background, see the wiki:
https://wiki.internetcomputer.org/wiki/Maturity_modulation

And the IC dashboard for the current and historical maturity modulation:

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