Reminds me of MMT, there's no reason why it theoretically can't work, but the devil's in the details, so unless the execution is atypically good, and you get lucky, I wouldn't expect theory and reality to match up all that closely.

Also, again like with MMT, my suspicion is that the majority of people who would ask why such a plan won't work don't have a ton of experience executing such a plan, and subsequently won't do an atypically good job of executing it.