It is dishonest. The liquidity is not being injected everywhere at once. Those who get to spend it first enjoy the full purchasing power at the expense of every

It is dishonest. The liquidity is not being injected everywhere at once. Those who get to spend it first enjoy the full purchasing power at the expense of everybody else. Also imagine a person keeping 3000$ for a rainy day. He can't buy stocks, because rainy day could come at a stock dip. Losing 23% of that money in 5 years (assuming 5% inflation). How is it a failure of an educational system, not monetary policy?