I would like to know if this is a feasible solution to our economic catastrophe that awaits our nation.
Can be solved using this theorem.
Step one.Allow the federal Government to create its own bank.
Step 2.Allow US citizens an opportunity to bring to this bank all its liquid reserves.

Then this Federally owned bank can take our funds and go to the federal reserve system and use fractional reserve lending and print out more money in the form of a debt back to its members (as a loan) at a very low interest rate.
all debt lent back to its members would in return, pay the federal bank interest.

Step 3
These debts in the form of money would be deposited into other banks that hold all banking licenses and then we would allow these banks to use the federal reserve again with these deposits minus withrawals.Allowing banks the opportunity again to lend out more money due to this financial stimulus and create energetic new spending and growth .