The existence of this is a very large part of "the problem".

My point is that banks as credit intermediaries are simply unnecessary, when an alternative monetary system comprises:

(a) a barter network;
(b) bilateral credit, with a mutual guarantee, backed by a default fund;
(c) a "Value Unit",
(d) a Credit Manager formerly known as a Bank - as service provider.

Money is a relationship, not an object.

"The future is already here -- it's just not very evenly distributed" William Gibson