The current fractional reserve system where money is created from nothing by a centralized Federal Reserve bank (a non-government, private bank) has not worked to prevent recessions, curb inflation, & minimize unemployment.
As proof:
http://bit.ly/1PeNt6j
Banks can be too big to fail - & fail they should have in '08. Iceland allowed theirs to fail & they prosecuted those whose caused the mess:
http://onforb.es/1WIsMkI
We need to institute a system where policy makers have incentive to be smart about money creation & quantity control. This will eliminate recessions & depressions, end ever-increasing debt, & put money to work for the American people. Switzerland has the right idea:
http://bit.ly/1mCp8fW
Replace the Fed with a system that works for the American people, not the banks.