You're wrong about whether fractional reserve banking is broadly good for people living in developed economies - it is - but you're unlikely to be talked out of this conspiracy kick you're on, so :shrug:. All the best to you!
Well it's not good for me and I'm merely a typical product of this system. The system will make plenty more of me. I was totally alone a few years ago, now I look like a moderate. Unfortunately, future contrarians may not be as curious, tolerant and understanding as me so they will probably end up blaming capitalism as a whole and demand communism... China will swoop in and 'liberate' the people. When this happen, I will be shrugging my shoulders in complete apathy due to moral exhaustion.
If intelligent people cannot separate the monetary system from capitalism, the average person won't either.
It is good for you. The fact that there is a thriving economy, that there are lots of businesses to work for, that you can start a business if you want to and get money from a bank to do so, this is all very good for you.
But sure, keep wishing we could go back to feudalism or whatever, great plan!
If I befriend Elon Musk and he makes one tweet about any of my existing projects, I'll be a millionaire within a year. 100% guaranteed. I wouldn't have to change anything or know anything more. Then I would have impostor syndrome instead.
It's easy to claim that anyone who receives help and has it easy 'suffers' from impostor syndrome and anyone who doesn't receive any help suffers from Dunning-Kruger effect. I know how this works. Only those who really struggled can see all sides; that's because nobody tries to hide anything from you; there is no incentive to.