Reminder to myself - Possibilities without the FED and the SNB

Today I attended an event of the "Liberales Institut" in Zürich about "the financial crisis and money: the need of a new monetary system." -> http://www.libinst.ch/

The need of central banks

• 1. Has central banks any positive sense or are they only here to prevent the world from the mistakes and bubbles they built?
• 2. Could banks find other income sources than the cheap money lent by the central banks (Fee for advisory time etc.)?
• 3. Has really every (expect one) hyper inflation occured after 1907, so after the creating of the FED?

Some points to really think about. As exemple why does banks need to gain over products and not over sold knowledge like a doctor or a lawyer. This very reason leads to a production of expensive financial products, not the need of clients. This was pointed out by Alfons Cortes, columnist for FuW, if i am remebering correct.