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It doesn't give it that power in the constitution

Bingo never should have created a national bank and left to the states instead

I wonder how banks would be different if there wasn’t a guaranteed currency debasement option…

It’s by design.

You clearly can’t read: To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; https://constitutioncenter.org/media/files/constitution.pdf

I think all people should contract in whatever money they desire. And government shouldn’t change that contract.

Only those that are well run and properly collateralized would survive but we’d have way less credit issuance in the system. Would put a premium on making sound equity based decisions

Saifedean had a spin on it in one of the American revolution lectures where he argued that the current banking system and federal reserve are unconstitutional Maybe he misinterpreted the text

It is unconstitutional. Congress can coin money and change its value as it sees fit. Delegating this task to a private banking cartel is not an authority we have granted to the government. Remember, the federal government can _only_ do what it has been authorized to do. Everything else is reserved for the states or the people.

I also don't think that even in the constitution "regulate the value" should be interpreted as debase into the shitter

I agree.