#centralbanks — Public Fediverse posts

The Sneaky Attempt to End Cash

https://www.youtube.com/watch?v=1CZspAptXwQ

The End of Cash | Plain Meaning

On August 7th, 2026, a mostly empty Senate chamber passed a bill that
most Americans have never heard of. There was no recorded vote. Just
silence. And in that silence, something significant happened.

The Common Cents Act would end production of the penny permanently.
But buried inside an amendment introduced at 10:53pm by a blockchain
entrepreneur turned senator was something nobody really talked about.
It was a provision that would give the Secretary of the Treasury the
power to eliminate every coin in American circulation. The nickel. The
dime. The quarter. All of it could be gone with nothing but 60 days
notice to Congress.

In this episode of Plain Meaning, I break down exactly what happened
that night, who was behind it, and what they stand to gain. I look at
a senator known as the "crypto queen" and another senator who made his
money selling cars, and how they stand to gain from all this. I also
look at the firms behind them and why eliminating physical cash would
make them extraordinarily powerful.

I also ask the question nobody in Washington is asking--what happens
when the lights go out and your only form of payment is digital? What
happens when your digital wallet gets hacked? And what does it mean
for every American when a handful of technology firms control the
infrastructure every single transaction in your life must go through?

Physical cash is the only form of payment that requires no middleman,
no electricity, no network, and no permission. This episode explains
why that matters--and what you can still do about it.

The bill has not yet become law. The House must still vote on the
Senate version. There is still time. But only if people know what is
happening.

CHAPTERS:
0:00 — Introduction: When the Lights Go Out
3:19 — The Echo Chamber: What Happened on August 7th
6:30 — The Pushers: Who Is Behind This Bill
9:27 — Sneaky Sneaky: How They Passed It Without a Vote
11:38 — The New Middlemen: What a World Without Cash Really Looks Like

SOURCES:
— Common Cents Act (S.1525) — congress.gov
— Senate Amendment SA 6766 — Congressional Record S4586-S4588
— Senator Lummis financial disclosures — senate.gov
— FEC campaign finance records — fec.gov
— Andreessen Horowitz political spending — opensecrets.org
— Canada penny elimination study — Bank of Canada
— GENIUS Act text — congress.gov
— Chainalysis government contracts — justice.gov

#EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
#Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
#PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
#PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
#FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
#CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
#ScottBessent #KeepCash

#PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship

Iran Faced Some Of America’s Toughest Sanctions. Yet $9 Billion In Iranian Funds Still Moved Through U.S. Banks

About $9 billion in potential Iranian shadow-banking activity passed through U.S. correspondent accounts in 2024, showing how money…
#Economy #centralbank #CentralBanks #Irancryptocurrency #iranoilexports #Iransanctions #Iranshellcompanies #IranU.S.banks #Iranianshadowbanking #OperationEconomicOutcast #U.S.Iranconflict
https://www.europesays.com/3238281/

Global Economic Turmoil: Rising Oil Prices and Political Uncertainty Shake Markets

Rising oil prices, driven by conflicts in the Middle East and growing political uncertainty in Europe, kept investors…
#Economy #centralbank #CentralBanks #eurostability #euroweakness #Europe #European #EuropeanCentralBank #geopoliticaltensions #interestrates #middleeastconflict #oilprices #politicaluncertainty #Stockmarkets #u.s.inflation
https://www.europesays.com/3238279/

Global Markets Rise Amid Central Bank Moves and Geopolitical Tensions

Asian technology stocks saw a rally as global markets reacted positively to the robust U.S. jobs report, signaling…
#Politics #Asiantechstocks #BOJ #CentralBanks #ECB #geopoliticaltensions #geopolitics #globalgrowth #Inflation #interestrates #markets #oilprices
https://www.europesays.com/3238246/

Global Economic Turmoil: Rising Oil Prices and Political Uncertainty Shake Markets

Rising oil prices, driven by conflicts in the Middle East and growing political uncertainty in Europe, kept investors…
#Europe #EU #EuropeanCentralBank #CentralBanks #eurostability #euroweakness #geopoliticaltensions #interestrates #MiddleEastconflict #Oilprices #politicaluncertainty #Stockmarkets #U.S.inflation
https://www.europesays.com/europe/132318/

Qatar Central Bank joins the Gulf Payments System AFAQ

Qatar Central Bank (QCB) announced on Monday that it had joined AFAQ Payments System, operated by the Gulf Payments Company (GPC). This completes the participation of the central banks of all Gulf Cooperation Council (GCC) countries in the system, further strengthening financial and monetary integration am…
#Economy #AFAQ #bank #central #centralbank #CentralBanks #Gulf #joins #Payments #Qatar #system #the
https://www.europesays.com/3237785/

New San Rafael walking tour brings history to life – Marin Independent Journal

The Bank of Italy building at 1300 F…
#Economy #California #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #lifestyle #marincounty #marinhistory #marinhistorymuseum #newsletter #northbay #northerncalifornia #sanrafael #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #thingstodo
https://www.europesays.com/3237782/

Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption

Lan Xia…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Artificialintelligence #Beijing #Business #CentralBanks #China #consumption #economicrecovery #economicstimulus #Europe #humanoidrobotics #Infrastructure #iran #LanXiaohuan #Robotics #Russia #SCMPPlus #socialsecurity #socialsecuritynet #SupremePeople'sCourt #Trade #Ukrainewar
https://www.newsbeep.com/us/839283/

Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption

Lan Xia…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Artificialintelligence #Beijing #Business #CentralBanks #China #consumption #economicrecovery #economicstimulus #Europe #humanoidrobotics #Infrastructure #iran #LanXiaohuan #Robotics #Russia #SCMPPlus #socialsecurity #socialsecuritynet #SupremePeople'sCourt #Trade #Ukrainewar
https://www.newsbeep.com/us/839283/

Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption

Lan Xia…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #AI #Artificialintelligence #Beijing #Business #CentralBanks #China #consumption #economicrecovery #economicstimulus #Europe #humanoidrobotics #Infrastructure #iran #LanXiaohuan #Robotics #Russia #SCMPPlus #socialsecurity #socialsecuritynet #SupremePeople'sCourt #Trade #Ukrainewar
https://www.newsbeep.com/us/839283/

Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption

Lan Xiaohuan is a professor of economics at China Europ…
#Economy #AI #artificialintelligence #Beijing #business #CentralBanks #China #Consumption #economicrecovery #economicstimulus #Europe #humanoidrobotics #infrastructure #Iran #LanXiaohuan #Robotics #Russia #SCMPPlus #socialsecurity #socialsecuritynet #SupremePeople'sCourt #trade #UkraineWar #UnitedStates
https://www.europesays.com/3237556/

Healey looks for bigger buffer as he prepares his first b…

It’s that time of year again. The kids are back at school, the MPs are back in parliament,…
#Economy #Budget #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #Labour #Tax #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3237525/

Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption

Lan Xiaohuan is a professor…
#NewsBeep #News #Economy #AI #Artificialintelligence #Beijing #Business #CA #Canada #CentralBanks #China #Consumption #economicrecovery #economicstimulus #Europe #humanoidrobotics #infrastructure #Irán #LanXiaohuan #Robotics #Russia #SCMPPlus #SocialSecurity #socialsecuritynet #SupremePeople'sCourt #trade #Ukrainewar #UnitedStates
https://www.newsbeep.com/ca/886378/

https://www.europesays.com/uk/1190878/ Open Questions | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption #AI #ArtificialIntelligence #Beijing #Business #CentralBanks #China #consumption #EconomicRecovery #EconomicStimulus #Economy #Europe #HumanoidRobotics #infrastructure #Iran #LanXiaohuan #Robotics #Russia #SCMPPlus #SocialSecurity #SocialSecurityNet #SupremePeople'sCourt #Trade #UK #UkraineWar #UnitedKingdom #UnitedStates

Global Markets React to Geopolitical Tensions and Central Bank Moves

Asian shares soared on Monday following a strong U.S. jobs report, signaling potential for global growth whil…
#UnitedStates #US #USA #america #Asianshares #CentralBanks #consumerpriceindex #CurrencyMarkets #Economicgrowth #geopoliticaltensions #geopolitics #globaleconomy #interestrates #oilprices #Politics #U.S.jobsreport #unitedstatesofamerica #UnitedStatesPolitics #USPolitics #usapolitics
https://www.europesays.com/3237471/

Global Markets React to Geopolitical Tensions and Central Bank Moves https://www.byteseu.com/2343280/ #AsianShares #CentralBanks #ConsumerPriceIndex #CurrencyMarkets #EconomicGrowth #GeopoliticalTensions #Geopolitics #GlobalEconomy #InterestRates #OilPrices #USJobsReport

Exclusive | Economist Lan Xiaohuan on the balancing act needed to boost China’s consumption https://www.byteseu.com/2342915/ #AI #ArtificialIntelligence #Beijing #CentralBanks #China #consumption #EconomicRecovery #EconomicStimulus #economy #Europe #HumanoidRobotics #INFRASTRUCTURE #Iran #LanXiaohuan #Robotics #Russia #SCMPPlus #SocialSecurity #SocialSecurityNet #SupremePeople'sCourt #trade #UkraineWar #UnitedStates

Shafaq News..CBI: Most Al-Taif deposits guaranteed

2026-09-06T17:10:38+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad Most depositors’ funds at Al-Taif Islamic Bank…
#Economy #banks #breaking #cbi #CBI:MostAl-Taifdepositsguaranteed #centralbank #CentralBanks #Iraq #reform
https://www.europesays.com/3236783/

Europe raises central bank interest rates

Eurozone inflation is acceleratingExpect a third increase Brussels, Belgium – The European Central Bank (ECB) is poised to…
#Economy #centralbank #CentralBanks #Europe #TheEuropeanCentralBank #VoiceOfEmirates #VoiceOfEmiratesWebsiteNews
https://www.europesays.com/3236289/

Bank of England phones recycled for gold at Royal Mint

The Bank of England has found a new home for its old office phones: the recovery lines of…
#Economy #BankofEngland #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #RoyalMint #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3236285/

Fed Chair Kevin Warsh Just Shifted the Central Bank’s Entire Focus on Inflation in One Sentence

This has been a history-packed year for Wall Street, with the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500…
#Economy #500 #centralbank #CentralBanks #Fed #KevinWarsh #Motley #MotleyFool #StockAdvisor #ThisRareSignalIsFlashingAgain. #warsh
https://www.europesays.com/3236038/

Andrew Bailey warns populism a ‘serious challenge’ to Bank of England’s independence

Andrew Bailey, Governor of the Bank of England  Andrew Bailey has warned that populist political movements pose a…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3236034/

ECB Set for Second Hike as Euro Inflation Hits 3.3%

Euro-area inflation reached 3.3% in August, the fastest in nearly three years, and the ECB looks set to deliver a second rate hike at Thursday's meeting.

https://pulseofnations.lol/ecb-set-for-second-hike/

#Bonds #CentralBanks #ECB #Eurozone #Inflation #OilPrices

Europe is moving its gold out of America; where is it headed

Gold is supposed to be the ultimate safe haven. But as geopolitical uncertainty rises, European central banks are…
#Economy #BankofEnglandgoldstorage #centralbank #CentralBanks #centralbanksgoldpurchases #Europegoldrelocation #geopoliticaltensiongold #Netherlandsgoldmove
https://www.europesays.com/3235792/

Central banks face ‘serious challenge’ from populism, says Bank of England boss

Andrew Bailey said the Bank should be insulated from “short-term political pressures” but remain accountable to Parliament. In…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3235788/

Digital Asset Investor Doubles Down: XRP Is ‘Not an Investment’ but a 200-Year Financial Shift — BigGo Finance

A well-known crypto commentator is making an unusually sweeping claim about XRP, arguing the digital asset should not…
#Economy #bankforinternationalsettlements #BlackSwanCapitalist #centralbank #CentralBanks #DigitalAssetInvestor #InternationalMonetaryFund #RippleLabs #U.S.SecuritiesandExchangeCommission #Versan #worldbank #xrp
https://www.europesays.com/3235544/

Central banks face ‘serious challenge’ from populism, says Bank of England boss

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3235540/

Ripple CEO Says Dutch Central Bank’s $11 Billion Gold Shuffle Shows Finance Is ‘Too Slow’ — BigGo Finance

Brad Garlinghouse is pointing to an $11 billion gold relocation by the Dutch central bank as evidence that…
#Economy #bankforinternationalsettlements #BradGarlinghouse #Bundesbank #centralbank #CentralBanks #ClarityAct #DeNederlandscheBank #OlafSleijpen #ripple #Swift #xrp #XRPLedger
https://www.europesays.com/3235300/

Central banks face ‘serious challenge’ from populism, says Bank of England boss

Andrew Bailey said central banks ‘cannot take legitimacy for granted’ (Henry Nicholls/PA) (PA Wire)…
#Economy #AndrewBailey #ap #bailey #bank #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #DonaldTrump #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #TheFederalReserve #trump
https://www.europesays.com/3235296/

Why European Countries Are Moving Their Gold Reserves Out of North America

Photo/Reuters. European central banks are increasingly moving gold reserves out of North America and closer to home as…
#Europe #EU #EuropeanCentralBank #BankofEngland #CentralBanks #France #geopolitics #Germany #Globaleconomy #goldreserves #London #Netherlands #worldgoldcouncil
https://www.europesays.com/europe/131434/

CBL: Electronic payments reach LYD 764.9 billion in 8 months

The Central Bank of Libya (CBL) announced Thursday that electronic payment transactions totaled approximately LYD 764.9 billion between…
#Economy #centralbank #CentralbankofLibya #CentralBanks
https://www.europesays.com/3235050/

Why it matters where central banks keep their gold

Opinion by Ewa Manthey, Commodities Strategist, ING Bank The Netherlands has moved part of its gold reserves from…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3235046/

Fed Chair Kevin Warsh Just Shifted the Central Bank’s Entire Focus on Inflation in One Sentence

This has been a history-packed year for Wall Street, with the Dow Jones Industrial Average (^DJI -0.51%), S&P…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3234805/

Bankitalia is not following the Dutch central bank’s lead: no transfer of gold reserves

The Bank of Italia has not carried out any transfer of gold reserves. The announcement was made by…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3234801/

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

3 Gold Stocks To Watch As Central Banks Keep Buying Bullion

Gold is quietly back on centre stage as central banks keep adding around 1,000 tonnes a year and…
#Economy #centralbank #CentralBanks
https://www.europesays.com/3234562/

Kateryna Dolzhykova gives a simul for charity in Frankfurt

A Ukrainian champion On May 19, a bit over a week ago, Ukrainian WIM Kateryna Dolzhykova gave a…
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly
https://www.europesays.com/3234559/

Integrity probes liquidity drain and 1B+ dinar loans at Rafidain and Rasheed

Baghdad (IraqiNews.com) — The Federal Commission of Integrity and specialized judicial oversight bodies have launched a comprehensive financial…
#Economy #cbi #centralbank #CentralBanks #IQD #IraqbankingauditSeptember2026 #IraqIntegrityCommissionbankinvestigation2026 #Iraqstatebanks1billionloanprobe #MinistryofFinancepublicbankscorruption #RafidainRasheedbankliquiditycrisis
https://www.europesays.com/3234314/

Trump’s dealmaking could be the key to lower UK mortgage rates

“As soon as those shipping lanes are agreed, you should see oil prices drop and then you’ll start…
#Economy #BankofEngland #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #DeutscheBundesbank #ECB #ESCB #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #mortgagerates #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #trump
https://www.europesays.com/3234310/

US imposes sanctions on Turkish bank, prompting legal threat | Banks News

US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran. Published…
#Economy #Asia-pacific #banks #BusinessandEconomy #centralbank #CentralBanks #China #egypt #internationaltrade #Iran #middleeast #moneylaundering #News #Turkey #UnitedStates #US&Canada
https://www.europesays.com/3234060/

France Urges World Bank to Keep 45% Climate Finance Target as U.S. Pushes Fossil Fuel Shift

France is pressing the World Bank to preserve its target of …
#Economy #centralbank #CentralBanks #CentralBanksoftheEuropeanSystem #Climate #climatefinance #DeutscheBundesbank #ECB #EleonoreCaroit #ESCB #ESG #Europe #European #EuropeanCentralBank #EuropeanCentralBanks #fossilfuel #france #THEBANKOFENGLAND #TheBankofFrance #TheBankofItaly #TrumpAdministration #worldbank
https://www.europesays.com/3234057/