>>8160228 (lb)
There's a possible way to do it without abolishing central banking altogether: Nationalize it. Give the power of central banking to the treasury.
Someone wise once said: It's absurd that the government can print a dollar bond but not a dollar bill. The same principle that makes the bond good makes the bill good as well.
The problem is money made out of debt. When every dollar in existence is accompanied by an obligation to pay that back to the central bank plus more, then poverty rules the land because there isn't enough money in the world to pay the debts owed. So we have to fight against our neighbors and push them deeper into debt to get out of debt ourselves, guaranteeing poverty for all.
If the treasury prints the money, money is created and spent, not created and loaned at interest. Yes, more money exists and its value will decrease if too much is printed, beyond the increase in goods and services. But that is normal. It's not usury.
If a society wants to finance infrastructure, bridges, roads, space exploration, science and so on, it can do that without taxing anybody when the economy grows, by printing and spending the right amount of new money to match the growth in the economy.
Without that power, it's necessary for a taxman to go and confiscate gold or bitcoin or whatever commodity money there is from the hard working laborer who earned it and hoped to feed his family with it.