1. Yeah, the Federal Reserve system (and don't forget the Office of the Comptroler of Currency, that's the REAL power) making banks control lending practices, diversify risks, and preventing cash flow crunches is terrible.
I wish it like the good old days when rumors would start runs on banks!!
2. Go correct your gold figures for inflation, not that gold is remotely relevant to anything anymore. It's value just as arbitrary as any other commodity. Go put it against pork bellies or something.
Put it against copper - it's a dead heat.
ALL commodities have risen vis the dollar.
Yup, gold is irrelavent, and here's hoping you own none.
With a ten percent reserve requirement you couldn't stand half a days run to begin with.
You may find the true history of the Fed's creation less than comforting, but only if you've got the intellectual honesty to give it a shot. And it's a video.
http://mises.org:88/Rothbard-Fed