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?