I think our current banking system is horrid. Many of the largest banks wildly mishandle money, and the loan system used essentially generates money that can never be repaid. It's more complex than that, but it's what it comes down to. I think banking should be a public service, and ran out of post offices. That way, everyone could have free access to financial services. I also think the government should be able to do interest free loans for citizens. They create the money anyways, and have the legal right to garnish wages, so it's not like they need to worry about getting repaid.
So, in general, I think banks are obsolete and harmful. At least the big ones. Smaller, responsibly ran banks and credit unions are alright. But very few are non-profit, and that bothers me. Just like for profit hospitals.
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Thanks for your comment, where you expose the truth!
What I am witnessing here in Italy, is the madness of a rule - included in our constitutional law - called "Pareggio di Bilancio", which makes it impossible to carry out works useful to the community in the absence of the budget, which is only mere numbers.
Over time, little by little, we have been led to believe that money is a commodity. Instead, it is mainly the unit of measurement of value and must be created (or destroyed) based on the amount of value to be measured, isn't it?