I think the point is moot though. CA doesn't HAVE that much money and as was pointed out, can't print their own.
CA has roughly $37 Billion in Cash reserves. Their 2023 budget was $300 Billion.
Google tells me there are 2.251 million black folks in CA as of 2020. So if the windows calculator isn't lying to me 2,251,000 x 5,000,000 = 11,255,000,000,000. $11.2 Trillion just for the initial payouts, not counting wiping person debts and $97,000/anum for 250 years and free housing.
I guys they could try an find someone stupid enough to buy CA state debt to fund this, but I doubt there is anyone on the planet that retarded. At least not anyone that has 11 trillion dollars.