The big difference between with that stuff in the 1800's and now happened in the 1930's when banks got insured and the dollar's value got moved over to consumer purchases and off precious metals. Another big change that came in was swearing off deflation. That happened in '33. Back in '13 when the fed was created nothing much happened w/ monetary policy which changed little in the decade before to the decade after. Modern monetary policy has nothing to do w/ charging interest and creating money out of nothing. That's been going on for thousands of years --it's as old as money itself.
Question is where do we want MP to take us? Fewer bank failures. Stable prices from year to year. We still together?
No we're not together. Apply everything you said above but replace bank with business and stable prices to the stock market. I believe in the free market.
How can anyone know how many or few banks should fail? How can anyone know what the "stable" price is? You're calling for central planning via the Fed's monetary policy. The Fed is Big Government. Why would you trust them?