Inflation is not necessary for a strong economy

Fractional-reserve banking is bad news for savers and for people who need to pay taxes.

The Government apparently failed to anticipate that with deposit insurance people will be indifferent between cash and bank deposits, suggesting they were not expecting this to cause inflation. Now they are in trouble because the quantity of bank deposits much outnumbers the amount of reserves and the banks are unstable. The banks could have been helpful to the Government by showing restraint in lending, but they were not and they kept loaning the money out which generates more deposits. People hoping to save wealth with fiat currencies are not able to do so because of the banks.

The only way to get rid of Fractional-reserve banking (FRB) is to get rid of the Government which provides the deposit insurance. Without the Government there would be no FRB, it relies on the Government to operate but they don't care because the Government exists. The banks (like the Government) are parasitic because their wealth derives from taxpayer support, they will fall with the Government.