There's no serious argument that a central bank is unconstitutional facially
is not the same as
There's no serious argument that the Federal Reserve is unconstitutional as applied.
The latter is certainly debatable, especially insofar as the fed (in their own words) claims to operate independently when in fact the constitution delegates the powers you cited to congress and the execution of powers of congress to the executive.
Only by conspiracy nuts and the latest incarnation of reactionaries who espouse an imperial presidency. Im sure there is a gold & crypto grift in play as well.
The president appoints the board. The board has a clear charter mandated by congress. It’s a common, functional and well accepted governance methodology.
The point of having a long tenured Federal Reserve board is similar to why Senators have long terms. You don’t want a failing presidency to compel politically expedient actions that damage the nation.
We formed the federal reserve because of the long history of disastrous political interventions and responses in the 19th century, most notable the Andrew Jackson’s (a DJT favorite) panic of 1837 (and Van Buren’s bungled responses, Grant’s Panic of 1873 and Grover Cleveland’s panic of 1893.
The madmen calling the shots here are well aware of this and are purposefully trying to drive the US and world economy off a cliff, which will enrich themselves and their patrons.
is not the same as
There's no serious argument that the Federal Reserve is unconstitutional as applied.
The latter is certainly debatable, especially insofar as the fed (in their own words) claims to operate independently when in fact the constitution delegates the powers you cited to congress and the execution of powers of congress to the executive.