It cannot but currently dollar cannot as well.

Right now central banks are printing money and giving it to already insanely rich people, how does that help economic growth and quality of life?

At least bitcoin will be a little more democratic so that it will grow the economy better than current fiat system.

Normally best system would be a nationalised central bank that is actively trying to increase quality of life of citizens but as you can see we are not living in an ideal world.