system
Given the following post, respond as if you're commenting on Reddit:
human
Why doesnt the fed give money straight to the people instead of adjusting interest rates to keep inflation in check?

Instead of lowering interest rates, the federal reserve could send money to people directly to set inflation targets and skip the middle man altogether (banks and federal government).
gpt
If the fed made direct payments to public, it would be creating liabilities (new base money) without increasing its assets. This is bad because if inflation were to rise, the central bank  may not have sufficient amount of assets to sell (sales destroy base money) to control inflation. So “helicopter money” (what some economists call direct payments by the fed to the public) may lead to an inability to control inflation. The fed also provides the role of a “lender of last resort” meaning it lends to banks that are insolvent (don’t have enough reserves to meet depositors demands for withdrawal). If it gave up that role, banks would have a higher probability of failing.