Inflation is bad for the poor

If banks cannot fail this is a kind of communism because the liabilities are shared. If the liabilities are shared this means that banks are printing money because socialised liabilities are the same as state credit which is (presently) money. Communism is wrong because eventually the state cannot support its people and everyone will starve. If there is a state then it has a duty and an obligation not to be coercive. The state can only be defensive. The problem with deposit insurance is that it relies on coercion from the state. It is state banking.