Deposit insurance is (a form of) credit insurance

If a bank can't fail then the reason for this is that it is guaranteed by the state. The name of this insurance is usually 'deposit insurance' which sounds more benign than credit insurance. The term 'credit insurance' gets closer to elucidating (clarifying) the nature of the problem with the banking system. If credit (of any organisation) is guaranteed then this leads to inflation of the money supply. The term deposit insurance tends to refer only to banks but the problem would be the same if the credit of any firm is insured... it is not because the agency is acting as a bank that there is a problem. A deposit is only one kind of credit which is specific to banks so the complaint (or contradiction) is the 'insurance' not that the credit is a deposit and has been issued by a bank.