Banks are part of the financial structure that includes insurance companies and other financial entities. Think of how bricks and mortar work together. If you want to keep the structure you can’t have either one fail.
Banks arent bad
Fractional reserve banking is.
Private bank fiat fractional reserve banking is asking to get robbed.
Private bank printing a nation’s currency and loaning it at interest in species is suicidal.
It’s the like the difference of building on sand or building on bedrock.
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