I prefer a banking system with a wholly differant 'philosophy' from the conventional western outlook of finance.

For instance : Money is a simple means of exchange and not an assett, and therefore should not grow over time.
Money should be used for a proper economic purpose and not treated as a commodity on which return can be made by referance to time.

The purpose of these measures of course is to prevent exploitation from the use of money and to share profits and loss.

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CHILCUTT~
The secret to a long life. Is knowing when it is time to leave.

Money is a commodity like any other.

Increasing the efficiencies of exchange increase the profit of the exchanger and make it cheaper for the buyer. Failing to make a profit from money exchange carries us back to the European middle ages in which the profit motive for money was zero. It was a Christian sin to make money off money exchange. It also allowed the prince to control all money and transactions since the prince controlled the currency and determined its value.

This is what will happen in any market when we allow the exchange to be controlled by a centralized authority.

Take for example, the dollar. How much is a dollar worth, in gold? Has gold changed value or has the dollar? How did that happen?

Western banking 'thinking' left everyne affected by the Financial meltdown.
Some problems are that western banking indulges in investing in toxic assets and in leveraged funds. Niether of which supports the real economy.

__________________
CHILCUTT~
The secret to a long life. Is knowing when it is time to leave.