2018 Swiss sovereign-money initiative
2018 referendum / From Wikipedia, the free encyclopedia
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The Swiss sovereign money initiative of June 2018, also known as Vollgeld,[note 2][note 3] was a citizens' (popular) initiative in Switzerland intended to give the Swiss National Bank the sole authority to create money.[2]
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Do you accept the popular initiative "for crisis-safe money: money creation by the National Bank only! (Sovereign Money Initiative)"?[2] | ||||||||||
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On 10 June 2018, the initiative was defeated in the vote, with 76% per cent of voters rejecting it.[3][4]