[the_solenoid]

It's important to note that money is fake, and is given value by destroying it (through taxes as a major part of it)

This action doesn't change the supply of money in the system, just where it ends up, so really it cant have an effect on inflation.

the schools already got paid, and now the money will go into more than likely base economy spends like food and housing instead of the the end of monies lifecycle at a bank or investment.

edit: of note, money is introduced into the system by in large through gov spending (roads, gov, military) - so as much as it would be nice to spend less on military - you can't really cut it off without spending it elsewhere, which I am all for, but you can't just have the government spend less.

edit-edit: this is also kind of the least they can do, and doesn't fix the problem in the future which is why I give it a half-hearted golf clap. It's almost like they want an a class of people to be over-debted....