The Feds can push their paper money onto the banks, but the banks just sit on it EARNING interest from the feds. It is crazy. The Feds haven’t figured out a good way to get the fiat money to the masses - yet. The PPT does a good job but it only goes so far.
I think you’re making a mistake in thinking that the Fed or the PPT gives a crap about getting fiat to the people. They both exist solely to advance their own interests - “too big to fail” banks. The Fed would be an illegal banking cartel if the law applied to them. The SEC prosecutes small-time frauds but lets the perpetrators of the 2008 collapse, and Jon Corzine, walk free without any sanctions whatsoever. To think they act in your best interest is to take the blue pill.
They could mint trillion dollar platinum coins and hand them out at political rallies.