WTF!. Why doesn't the Fed just send money to consumers? You can't budge CPI by making Ray Dalio and Jamie Dimon richer (which is the main effect of ZIRP). There's only so much eggs and butter they can consume.
> Why doesn't the Fed just send money to consumers?
Because the Fed isn't the government, just a quasi-independent agency within the government with limited scope of operations, and "just send money to consumers" isn't within that scope.
If you think the government ought to do this, then that should probably inform your votes for Congress and the President, this being an election year and those being the actors that would need to be involved in that.
Actually, according this New Yorker article the Fed can just print money and distribute it to the populace. It's call "money finance" and has been used in the US before.
There is at least one word (most likely "since" before "2008"), as well as examples and argument on the lack of legal mandate, missing from your argument.
