Tag Archives: switzerland

The Swiss Consider a National Referendum on Fractional Reserve Banking by Jeff Deist

‘You may have heard about the Swiss referendum to end fractional reserve lending by Swiss commercial banks. It’s a fascinating development, and another example of how average Swiss people can use the federal referendum process to force both the central … Continue reading

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From The Telegraph: Switzerland to vote on banning banks from creating money

This is a real eye opener. The referendum would end fractional reserve banking in Switzerland while retaining a fiat Swiss franc. The Swiss National Bank would still be able to print money. ‘Switzerland will hold a referendum to decide whether … Continue reading

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The “War on Cash” Migrates to Switzerland by Pater Tenebrarum

“The “War on Cash” Migrates to Switzerland” relates a text book example of the problems of interventionism. In “Interventionism and Positive Feedback Loops” I stated: ‘It occurred to me that economic interventionism by government can be thought of in terms … Continue reading

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A Golden Opportunity for Switzerland by Thorsten Polleit

Polleit wrote a very good article about the possible implications of the passage of the Swiss gold referendum. ‘The Initiative The referendum on the Swiss Gold Initiative will take place on November 30.1 The Initiative demands the following: (1) The … Continue reading

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The Debauching of Switzerland

Chris Rossini of EconomicPolicyJournal.com posted a depressing article about the debauching of the Switzerland. “Switzerland, a country which, thanks to its relative pursuit of capitalistic policies, has had the highest standard of living in continental Europe. But sadly, like a … Continue reading

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