LOL but no.
Fractional reserve, money creation, credits etc. are actually needed to move forward.
Good thing then that Bitcoin already has moved forward with the fractional banking that MtGox did?
Well, I forgot to add that fractional banking with bitcoins would be stupid, similar to gold ponzi schemes that are around, where you can "buy" gold at heavily discounted price only to find out that you don't own any gold at all, only some "shares" or something like that. Bitcoin was creates to prevent this.
Why is more money needed? Real wealth is the houses, machines, foods, services and other goods that we produce. If more money solves anything, why not just add an extra zero to all the bank accounts every year and we'd soon all be trillionaires?
Money makes money = money creates houses, machines etc.
Banks without ability to create money would mean no credits to create/ buy such goods.
Loans in fractional banking are like bets that people will pay them back - bets made with virtual money. If only real money would be used, it would mean that someone instead of investing it into e.g. new machines for factory would have to invest into bank itself by making a long term deposit.
As for adding an extra zero to all bank accounts it's basically what happend during last century by introducing concepts like minimum wage, health insurance, social security etc.
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