If a politician came out and said “We are not going to cut Medicare or social security, but we are going to pay out all future checks in a new currency called the mini-dollar.”, that politician would have no chance of getting elected.

Most voters would assume the new mini-dollar would have far less value than the current dollar. It would be seen as an immoral bait and switch.

However - this is exactly what they are all saying right now. Future dollars will actually be figurative mini-dollars as they will be able purchase much less due to the amount of dollars that will be printed to meet those claims. It is an immoral bait and switch.

Study Bitcoin.