Central banking doesn't do that, fiat currency does that. A central bank would work fine if the gold standard was still in effect.

EDIT: You people really need to get a grip on the distinctions between banks, lenders, and minters. The entire problem is that one entity does all of that instead of it being three separate entities.

Central banking doesn't do that, fiat currency does that. A central bank would work fine if the gold standard was still in effect.