[iamthirsty]

They are providing safety and liquidity, your statement is laughable, honestly.

The safety is personal — no one can rob your home when you're gone and steal the money under your mattress because it's not under there, it's in a bank.

And in regards to liquidity, if you can tell me the exact day, time, and amount you tried to pull out of a consumer bank (large household bank names) and instead of getting cash in hand the bank told you "sorry, we spent your money on loans, we don't have any to give you", I'd love to see it.

Bonus points if then the FDIC didn't cover it.

Banks provide both safety and liquidity at the consumer level. It would also be a really bad idea to continue to encourage everyone to pull money out of banks and hold it in cash — both economically and personally. People largely benefit from banks existing, that's, well, why they exist!