Bankers have been a problem as long as there have been banks with fractionally reserved deposits. The Fed just stabilized the appropriation of surplus value by the banking system through the issuance of credit. There is nothing independent about it: it will preserve the large banks come hell or high water, and soon enough we'll get both.

I would prefer a social credit system (not the Chinese kind, the other kind) where the money supply is managed for the public good via a citizens dividend tied to the productive capacity of the economy, coupled with making gold buying/selling tax free as a savings (and monetary disciplinary) mechanism.

I have the advantage that this system will never be tried, and therefore I can never be proved wrong.