In Switzerland, the sovereign citizen has the last word: in terms of the future also with cash money

In Switzerland, the sovereign citizen has the last word: in terms of the future also with cash money

International Memorandum -Free Media Communications S.A. Cayman Islands


5-franc Swiss coin by the artist Paul Burkard

Last week it was rumored in the swiss network that something was happening on the subject of "cash". Stickers were passed around, "love cash" and other statements could be heard on a demonstration in Luzern. Last friday the bomb exploded: Due to the limited conversation time, barely noticeable, yet the attentive listener did not miss it: The Swiss people are launching a popular initiative to secure their francs. You read it right. At the first country in the entire world, the sovereign Swiss people defend itself against the threatened abolition of cash!


For example, Bianca Ball from the platform https://gemeinsam-schweiz.ch reported in the Corona Committee No. 65 https://youtu.be/NpnSC1WugW0?t=10414 that an essential initiative will start next week, the content of wich is as follows:


  • In the future, the government in Switzerland must ensure that there must always be enough cash on hand.
  • That the sovereign Swiss people must vote and decide on a possible change in currency, not the government on its own.

This would be achieved through an a amendment to the constitution.

To date, the decision to change the monetary system is left to the Swiss government alone.

Extract from the Swiss Federal Constitution:

Art. 99 Monetary and currency policy

1 The monetary system is a federal matter; the alone have the right to issue coins and banknotes.

...

Once their cash initiative has been implemented, the Swiss people would in the future decide for themselves, how much cash the federal government would have to make available to cover the need for coins ans notes. An abolition of cash could therefore not be realized through the back door as its currently being prepared behind the scenes.

As you can read on the website of https://gemeinsam-schweiz.ch, it seems that the new initiative will be launched on Tuesday August 17th 2021.

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