I hear what you're saying but the world would be much better off without central banking. Yes, this would cause serious economic disruption if this goal was actually achieved but in the long-run would be a good thing. All of this shit started thanks to FDR and because of the Fed, we never really feel the full impact of recessions & depressions. When the next bubble bursts (exacerbated by the bail-outs of .com & '08) I don't think you are going to be instructing others to thank the Fed. Your argument is kind of like saying, "Sure cancer is bad, but you should thank it for the enjoyment you get out of life during periods of remission". The Fed aka the Cancerous cells in this analogy are the problem in the first place. Never going to thank an irresponsible bureaucracy!