I think the US should pay all the money we owe, and stop borrowing against the future, and stop promising things that we can’t afford.
Sure that would inflate the currency for a bit. But active soldiers should not have COLA. They would have a choice to leave the service, and get other jobs.
SS should be closed down with every person who paid in getting a voucher or note for their share. Then we stop claiming that future contributions will lead to owning a future share. RAther, we should end the payroll tax. Same with Medicaid/medicare.
While I agree in principal to your SS proposal, that would be one worthless voucher. There’s nothing in the SS “Trust” Fund but an accounting entry for you and I and everyone else. Congress stole that money decades ago.