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Sounds like a bad idea. In this case badges would have no "out" but be constantly be produced, and a lot would start to exist, causing badges on posts to be a worthless identifier. Assuming those who get badges always turn around to spend them, but if we assume they aren't than why have the feature in the first place?
GodOfAtheism suggested reducing it to 1/2 badge per badge received. I think it could be taken further to 1/8. This would be congruent with the hub wheel and the share wheels. The value of a badge wouldn't decrease that much, either, since you would still have to make 8 badge-worthy posts in order to get a new badge to spend.