I just think the band-aid is absurd of the government paying you interest matching inflation which they themselves caused which is then taxed to go back to the government so they can spend it and cause more inflation.
Taxing it back causes deflation (or “counteracts inflation”.) They don't need to tax it to spend it, because the government has essentially infinite borrowing abiliry, so literally all taxing it back does is counteract inflation. (OTOH, giving you the inflation-indexed bond itself caused more inflation, so if your beef is with causing more inflation...)