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About: 2018 Swiss sovereign-money initiative     Goto   Sponge   NotDistinct   Permalink

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The Swiss sovereign money initiative of June 2018, also known as Vollgeld, was a citizens' (popular) initiative in Switzerland intended to give the Swiss National Bank the sole authority to create money. On 10 June 2018, the initiative was defeated in the vote, with 76% percent of voters rejecting it.