Then they must have be doing something wrong?
Obviously people would not be foregoing free money if it was easy to get.
You are arguing that people would not spend "free" 100 usd on their rent if the money/voucher was directed towards rent.
"How bad things must be if the government resorts to giving us free money with an expiration date to force us to spend? I'll spend my 100$ card before it expires but I'll save extra 200$ of my salary compared to before. I have to brace for the worst that it's yet to come, it's going to be really bad before it gets better, especially given that the Government is resorting to giving us free money "
The more you use extreme measures to force people to do what they don't want, the more they'd refuse to do so.
When people are scared and paralyzed by fear, messing with the unit of account won't calm their worries, if anything given how out of the ordinary it is, it could be argued that it makes things worse.
Money is external, people pick the scheme apart rather quickly and you end up worse than before because now you look desperate to force them to do what you want
Right. Push this insanity too much and people will start bartering using gold/silver/crypto and such. Then the gov is forced to ban the use of assets and things get complicated.
Whether this is good or bad on the long run is debate-able, but it would shake things up globally.
I think the key to what ObserverNeutral is saying has a strong point - "People will try to sell their fake, expiring "crypto-dollars" for real money, instead of following the rules.
Even if they can't see the "crypto-dollar" for less "real dollars", they will just go through some medium of exchange. I.e. buy toilet paper for crypto dollars, and sell it at a discount.
