It doesn't make sense to have "lose" pronounced as it is. We have rose, pose, dose, nose all pronounced with ō. And then you have lose pronounced as loo͞z. It feels natural to put two O's in there when you write it.
Also, the “s” in “loose” (the actual word) should be pronounced as “z” sound, as it lies between 2 vowels. Should we also change that? Should we change the way it is pronounced or the way it is written? Maybe if we change this to “loosse” we can free space for “lose” to add an “o”?
This language comedian does a bunch of humorous sketches about how many languages make no sense! But in particular, this video tackles false "rhymes" like allow and shallow.
Do you not want people to read what you write?