Government, as executive and regulatory function, acts as the nervous system of the state, while money and banking work as economic blood and circulation system.
Is it logical to have public government and private banking, given it obviously enables the financial sector to control the political sector?
If the medium enabling markets is privately held, we are all tenant farmers to the banks.
3000 years ago, they developed debt jubilees as a circuit breaker to compound interest, but we have no real social brake to wealth and power leveraging ever more wealth and power.
If we want a healthy functioning society, it has to be based on collective responsibility and rights as reward, not rights as ordained and responsibility as optional. The fact is that humanity reached the top of the food chain, based on our ability to function as a group. We are the ground apes, not the tigers.
The rest is just deck chairs on the Titanic.
The mother of all reality checks is in the mail.